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‘It’s unrecognisable’: How being a tax haven has changed Jersey

CN
CitrixNews Staff
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‘It’s unrecognisable’: How being a tax haven has changed Jersey

While global billionaires and multinational companies have been lured to its shores, many islanders feel left behind and priced out, with food bank use increasing

On a late Friday afternoon on the Channel Island of Jersey, tourists and locals are flocking to St Helier’s waterfront where the town’s sprawling beach has emerged at low tide.

In one direction, they face the calm waters of St Aubin’s Bay, ringed by a seaside promenade and punctuated with a tidal island hosting the 16th century Elizabeth Castle.

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Originally reported by The Guardian. Read the full story at the original source.