Media Organisations Using Offshore Havens

cayman-papers-540

Guido is enjoying the squirming of the offshore elite as much as anyone – the Icelandic premier is a corker, the Putin case study is great, the Bollywood stars who make their millions from millions of poor Indians will find it hard to survive the reputational hit. All very enjoyable.

It is worth mentioning that most of the UK’s big media organisations shelter assets and cash flows offshore. Top of the hypocrites in this respect is The Guardian. They put their assets in the Caymans, and they used a Luxembourg tax shell designed by PriceWaterhouseCoopers to funnel cash flows beyond the reach of HMRC. They previously blamed the difficult economic environment for committing the sins for which they condemn others. This isn’t just hypocrisy, this is an insult to us all. The Guardian’s entire heritage is one of tax dodging, the original founding Scott Trust was itself a tax dodge. They have year after year avoided tens of millions of taxes…

Other media organisations using offshore entities include the Huffington Post – whose journalists criticised Amazon for doing the same. The owners of the Mail, News UK and The Telegraph also have various offshore tax-efficient structures. Facebook, Google and Guido are not UK-owned though in the latter groups’ cases they have at least never claimed to be in favour of clamping down on tax havens. Guido’s point is that the likes of the Guardian should practice what they preach, hold all their assets in the UK and pay all the taxes which will consequently arise.

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Tim Walker Walks from Mail on Sunday

walker

Tim Walker has resigned from the Mail on Sunday. Some less kind than Guido would say he has jumped before he was pushed. Tim ran the Girl About Town diary when Charlotte Griffiths was away last week and they are being sued for two stories. Occupational hazard…

Expensive one could be Nancy Dell’olio allegedly having a nose job, which turned out to be complete bollocks. Nancy Dell’Olio has instructed Collyer Bristow, solicitors over the headline “Nancy knows a man who can make your nose thinner for £500”. They say that Dell’Olio has not had treatment from Dr de Souza, nor does she know this doctor.

Girl About Town is in a bit of trouble at the moment. With Walker out, Deborah Sherwood (the deputy editor) gone, and Hanna Flint (the diary reporter) having just left. Charlotte Griffiths is still there, and there are two new diarists on board. Apply by Twitter…

UPDATE: Mail on Sunday management get in touch to insist everything is hunky dory and Tim will be working from home on a freelance basis.

Mail Out, MoS In

This morning’s Daily Mail front page polemic invoking Hitler and Chamberlain all but confirms Paul Dacre is backing Leave. Northcliffe House sources have long said Dacre will not sell out on his long-held Euroscepticism, though the feeling among staff is that the Mail on Sunday will endorse Remain. Geordie Greig is seen as less dogmatic than Dacre on Europe, and gave Cameron a relatively easy ride on the referendum in this interview last year. This was at least the case before Cameron’s deal…

Another Twitter Exclusive

Guido noticed this tweet on EyeSpy.MP Friday and failed to follow it up because he was stuck at an airport. You snooze, you lose:

st-pauls

A tweet on EyeSpy.MP on Friday, an exclusive in Mail on Sunday…

Life on Moir?

This double page spread in today’s Mail is terribly unfortunate. Planet earth is blue and there’s nothing they can do about that headline…

H/T @henrymance

James Slack New Mail Pol-Ed

Guido understands that James Slack, the Mail’s Home Affairs editor who has been leading the politics coverage since James Chapman’s departure, will be the new Political Editor. Slack will be in charge of the day to day running of the politics team. As tipped by Guido back in May…

slack-tip
Isabel Oakeshott’s mooted role, as a Pol Ed “at large”, will be more about scoring big hits and doing comment. Though nothing has been signed…

Katie Hopkins Joins MailOnline

… Reports MediaGuardian. Bye…

UPDATE: Contrary to the Guardian claim that Hopkins “resigned“, Guido understands her contract was allowed to run down and was never going to be renewed. A Sun spokesman says:

“She leaves for the Mail Online with our best wishes.”

Tim Walker to the Mail on Sunday

A little birdie tells Guido that pugnacious diarist Tim Walker, formerly editor of the Telegraph’s retired Mandrake column and most recently found at the Mirror, is off to the Mail on Sunday. Walker’s inside track on the world of hard-partying aristos is rivalled only by the daily’s Sebastian Shakespeare, and is probably better suited at the MoS than a redtop. Guido hopes this means Tim’s Twitter claws will be back out and we can look forward to some more outstandingly catty bitch fights with the Times Diary…

Liz Laid It On Thick

liz-marmalade

Judging from the ferocity of her protest about Mail on Sunday political editor Simon Walters’ ‘unbelievable’ question to her about her weight, you’d think Liz Kendall would have thrown him out of her office where the interview took place. […]

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Telegraph and Mail Fall for Greek F-16 Cash Dash Hoax

GREEK PLANE

The Telegraph and Mail have just pulled articles claiming that a Hellenic Air Force pilot made an unscheduled stop in Turkey in order circumvent cash withdrawal restrictions in Greece:

deleted article f-16 greek pilot euros turkey

The hoax appears to have originated on French aviation blog RadioCocpit.fr. […]

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Ban This Sick Filth

Liz Kendall memorably told the Mail on Sunday’s Simon Walters to “f**k off” when he asked her if she is “about the same weight as the Duchess of Cambridge”. Liz was so outraged that she told John Pienaar:

“I just

[…]

+ READ MORE +

Peter Oborne Rejoins the Mail

Peter Oborne, who dramatically quit the Telegraph in February, will be rejoining the Mail according to sources at both papers.

The Daily Telegraph’s former chief political commentator cited the troubled broadsheet’s coverage of the HSBC banking scandal – or lack […]

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