Guernsey Press

Treasury minister hits back at Labour leader's attack on Guernsey's tax record

GUERNSEY authorities launched a top level riposte against Labour leader Ed Miliband at the weekend after the would-be Prime Minister threatened sanctions against the Crown Dependencies if his party returns to power in May.

Published

After a week of facing a backlash over a perceived anti-business agenda, the Labour leader came out fighting and picked on the British offshore islands on Saturday.

Mr Miliband said: 'A Labour government is not going to have endless consultation and dithering. We are going to give six months to these tax havens to agree to publish a register of beneficial ownership, and if they do not act we will recommend to the OECD that they are put on a blacklist.'

In response Treasury and Resources Minister Deputy Gavin St Pier offered to meet Mr Miliband to inform him on the island's 'leadership on international standards', and the island's value to the UK.

Full report and reaction in tomorrow's paper.

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