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Boris Johnson’s ‘free ports’ are for the super-rich to dodge taxes and launder money

Peter Dowd MP, Shadow Chief Secretary to the Treasury, responding to Prime Minister Boris Johnson’s support for so-called ‘free ports’, said “We should call ‘free ports’ what they really are: storage spaces for the super-rich to dodge taxes and launder money, promoted by the Chief Secretary to the Treasury before he entered Cabinet. These are tax-free warehouses used to hoard art, wine, and gold – and the best-known ones are in tax havens like Luxembourg, Geneva, and Delaware.

“Boris Johnson’s Cabinet of the super-rich, for the super-rich, wants to turn this country into a tax haven – as payback for Tory funders and their mates. Labour will challenge this tax-dodging agenda every step of the way.

“We won’t allow Boris Johnson to take us back to Thatcher and the 1980s. That’s why we need a general election – and a Labour Government that will build a fairer future.”