Facebook labelled ‘digital gangsters’ by report on fake news

Company broke privacy and competition law and should be regulated urgently, say MPsFacebook deliberately broke privacy and competition law and should urgently be subject to statutory regulation, according to a devastating parliamentary report denouncin…

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UN urged to launch global effort to end offshore tax evasion

Campaign group launches financial secrecy index and warns UK is still protecting overseas territories

The United Nations has been urged by the Tax Justice Network to coordinate a global effort to end offshore tax evasion and corruption, amid warnings that the UK is continuing to insulate its overseas territories from financial transparency.

Commenting on the launch of the TJN’s Financial Secrecy Index 2018, which ranks countries on the size and secretiveness of their offshore sectors, its chief executive, Alex Cobham, said big financial centres had proven unwilling to reform voluntarily.

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