The Spider's Web: Britain's 2nd Empire Trailer
1m 30s
The Spider’s Web: Britain’s Second Empire, is a documentary that shows how Britain transformed from a colonial power into a global financial power. At the demise of empire, City of London financial interests created a web of offshore secrecy jurisdictions that captured wealth from across the globe and hid it behind obscure financial structures in a web of offshore islands. Today, up to half of global offshore wealth is hidden in British offshore jurisdictions – the largest global players in the world of international finance. How did this come about, and what impact does it have on the world today? Throughout the film, we are presented with a tale of two Londons. One is the bustling epicenter much romanticized by the United States and other parts of the world while the other is a freewheeling market run by elite business players who cleverly shirk the gaze of international financial regulations.