The findings come after ministers were criticised for pulling a bill which would clamp down on tax transparency in the Crown Dependencies.
Almost a third of British billionaires have reportedly moved to tax havens or are in the process of relocating.
Sir Jim Ratcliffe, boss of petrochemical giant Ineos, is moving to Monaco to avoid UK taxes on his £21 billion fortune In response to The Times’s story, Labour MP Angela Eagle tweeted: ‘This has to stop We need transparency NOW.’
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