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BT's chief executive, Ben Verwaayen wrote
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The Spider's Web: Britain's Second Empire

BT's chief executive, Ben Verwaayen wrote, "Earnings per share up 14% and nice to know we...

BT's chief executive, Ben Verwaayen wrote, "Earnings per share up 14% and nice to know we have a 1-billion-pound
credit from the taxman." Dave Hartnett claimed this
approach was more efficient

Full Transcript

00:00:01.000 --> 00:00:04.105
BT's chief executive, Ben Verwaayen wrote,
00:00:04.105 --> 00:00:07.405
"Earnings per share up 14% and nice
00:00:07.405 --> 00:00:11.572
to know we have a 1-billion-pound credit from the taxman."
00:00:13.209 --> 00:00:17.441
Dave Hartnett claimed this approach was more efficient.
Duration
18 seconds
Views
41
Timestamp in Movie
01:04:54
Uploaded
Oct 30, 2025
Genres
documentary
Production
N/A

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Movie Summary

How Britain transformed from an imperial power to a financial power.
- Litigation in the courts is really phenomenally expensive - The Spider's Web: Britain's Second Empire 00:12
- Litigation in the courts is really phenomenally expensive
And the artists persuade people to pay - The Spider's Web: Britain's Second Empire 00:07
And the artists persuade people to pay
- [Crowd] Pay your tax, pay your tax, pay your tax! - The Spider's Web: Britain's Second Empire 00:07
- [Crowd] Pay your tax, pay your tax, pay your tax!
- [Narrator] After protests erupted in 2011, - The Spider's Web: Britain's Second Empire 00:09
- [Narrator] After protests erupted in 2011,
Dave Hartnett claimed he could not give any information - The Spider's Web: Britain's Second Empire 00:08
Dave Hartnett claimed he could not give any information
- What in statute prevents you - The Spider's Web: Britain's Second Empire 00:08
- What in statute prevents you
- All my advice, Mr. Barclay, so far has been - The Spider's Web: Britain's Second Empire 00:14
- All my advice, Mr. Barclay, so far has been
- [Narrator] Dave Hartnett failed to mention - The Spider's Web: Britain's Second Empire 00:12
- [Narrator] Dave Hartnett failed to mention
The head of HMRC was Dave Hartnett himself. - The Spider's Web: Britain's Second Empire 00:06
The head of HMRC was Dave Hartnett himself.
- Just like the mafia has penetrated the state, - The Spider's Web: Britain's Second Empire 00:08
- Just like the mafia has penetrated the state,
And the head of anti-avoidance - The Spider's Web: Britain's Second Empire 00:08
And the head of anti-avoidance
The newly appointed chairman - The Spider's Web: Britain's Second Empire 00:10
The newly appointed chairman
(solemn music) - The Spider's Web: Britain's Second Empire 00:12
(solemn music)
- The degree of political capture by the City of London, - The Spider's Web: Britain's Second Empire 00:16
- The degree of political capture by the City of London,
(solemn music) - The Spider's Web: Britain's Second Empire 00:13
(solemn music)
Here, tonight, this is Dave, - The Spider's Web: Britain's Second Empire 00:10
Here, tonight, this is Dave,
(audience applauds) - The Spider's Web: Britain's Second Empire 00:08
(audience applauds)
- Dave, you've been a great friend to the industry - The Spider's Web: Britain's Second Empire 00:09
- Dave, you've been a great friend to the industry
- Obviously, it was at Vodafone, - The Spider's Web: Britain's Second Empire 00:08
- Obviously, it was at Vodafone,
And our friends at Goldman Sachs as well, - The Spider's Web: Britain's Second Empire 00:06
And our friends at Goldman Sachs as well,