Sanctions threat to 'opaque' tax haven

UK - The government is considering imposing sanctions on Jersey, one of the Channel Islands, if it fails to comply with international action to force tax havens to improve financial transparency.

Government officials are privately urging Jersey to fall into line by the deadline of 28 February set by the world's leading industrialised countries.

The official pressure on Jersey reflects anxiety in the Treasury about potential embarrassment for Gordon Brown, chancellor of the exchequer, who has ca