Peter Brown

https://edinburghmagazine.com/edinburgh-overtakes-london-in-gdp-per-capita-for-the-first-time/

Edinburgh has overtaken London in GDP per capita, and London has overtaken Edinburgh in money laundering and increasing rates of child poverty. #inequalty #billionnaires #moneylaundering #epsteinclass

8:40amWeb
Show threadinpc15h ago
@peterbrown Oh come on, when has Edinburgh ever beaten the Corporation of London at money laundering lol.
Show threadPeter Brown13h ago
@inpc never. They are the world Centre for money-laundering. That’s why they voted in favour of Brexit- they wanted to avoid the new regulations.
Show threadinpc13h ago
@peterbrown But you stated that London had overtaken Edinburgh for money laundering?
Show threadPeter Brown7h ago
@inpc perhaps I used the wrong word. But there is money laundering going on albeit not by Edinburgh or Glasgow folk but through anonymous limited partnerships.
@theferret have a piece on it today
Show threadinpc6h ago
@peterbrown @theferret Yeah I was messing around as, without doubt, London is the biggest money laundering centre on the planet.

I seriously hope it's not something the Scots wish to emulkate (I'm sure you don't, thankfully).
Show threadMark Mullen5h ago

@peterbrown

Each jurisdiction has its role and piece of the pie.

London is where the babysitters meet the oligarchs to set up the Scottish entities through which to launder the funds.

https://en.wikipedia.org/wiki/Scottish_limited_partnership

Great new book by the world's authority on oligarchy and money laundering, for those interested:
https://uk.bookshop.org/p/books/everybody-loves-our-dollars-how-money-laundering-won-oliver-bullough/7959796

Scottish limited partnership - Wikipedia