The second empire. Britain transformed colonial power into global financial power.

The Spider’s Web: Britain’s Second Empire, is a documentary film that shows how Britain transformed from a colonial power into a global financial power. At the demise of empire, City of London financial interests created a web of offshore secrecy jurisdictions that captured wealth from across the globe and hid it in a web of offshore islands.

Today, up to half of global offshore wealth is hidden in British offshore jurisdictions and Britain and its offshore jurisdictions are the largest global players in the world of international finance. How did this come about, and what impact does it have on the world today? This is what the Spider’s Web sets out to investigate.

The documentary features contributions from John Christensen a former economic adviser to the Secrecy Jurisdiction of Jersey, internationally renowned economist Michael Hudson, former investigating magistrate Eva Joly and Financial Journalist/Author Nicholas Shaxson whose book Treasure Islands served as the main source for the film.


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Subtitles: French, Spanish, German, Italian, Russian, Arabic, Korean, Hungarian, English, Turkish.


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2 Responses to “The second empire. Britain transformed colonial power into global financial power.”

  1. Gordon Logan says:

    The colossal private wealth of Britain is not really British. For the super-rich owe no allegiance to the British state and people, both of which have accrued huge debts since the Tories came to office in 2010. Huge amounts of borrowed money have propped up living standards and secured Tory re-election. The day will soon come when the super-rich will call in all that debt and the UK will go the way of Greece. Absurdly low interest rates are staving off national bankruptcy.

  2. nick says:

    it seems like there is a planned replacement system involving energy use and an allocation system similar to a digital ration book, and they need to knock off russia so that it can be imposed. communism planned for the whole world with a self appointed elite controlling who gets the spoils

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