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It was the British connection that reassured bankers
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The Spider's Web: Britain's Second Empire

It was the British connectionthat reassured bankers and their clients thattheir money was...

It was the British connection
that reassured bankers and their clients that
their money was safe

Full Transcript

00:00:01.000 --> 00:00:03.097
It was the British connection that reassured bankers
00:00:03.097 --> 00:00:07.081
and their clients that their money was safe.
Duration
9 seconds
Views
13
Timestamp in Movie
00:27:08
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.
- This British bedrock, - The Spider's Web: Britain's Second Empire 00:12
- This British bedrock,
- [Narrator] In reality, much of the wealth administered - The Spider's Web: Britain's Second Empire 00:09
- [Narrator] In reality, much of the wealth administered
- The City of London, by and large, - The Spider's Web: Britain's Second Empire 00:07
- The City of London, by and large,
There might, Heaven forbid, be a regulator - The Spider's Web: Britain's Second Empire 00:10
There might, Heaven forbid, be a regulator
So better to do the frauds offshore in Gibraltar or Jersey, - The Spider's Web: Britain's Second Empire 00:12
So better to do the frauds offshore in Gibraltar or Jersey,
- [Narrator] Deals are often discussed - The Spider's Web: Britain's Second Empire 00:11
- [Narrator] Deals are often discussed
- What they allow the city to do is to get involved - The Spider's Web: Britain's Second Empire 00:12
- What they allow the city to do is to get involved
"That's tax haven activity, and we're the city. - The Spider's Web: Britain's Second Empire 00:05
"That's tax haven activity, and we're the cit...
"We're not involved in that kind of stuff." - The Spider's Web: Britain's Second Empire 00:08
"We're not involved in that kind of stuff."
- The City of London has shaped the way in which Jersey, - The Spider's Web: Britain's Second Empire 00:15
- The City of London has shaped the way in which Jersey,
I see these places as the Frankensteins created - The Spider's Web: Britain's Second Empire 00:08
I see these places as the Frankensteins created
- [Narrator] Today, the UK is the world's largest provider - The Spider's Web: Britain's Second Empire 00:08
- [Narrator] Today, the UK is the world's largest provi...
- The UK has an almost unique role in global finance. - The Spider's Web: Britain's Second Empire 00:07
- The UK has an almost unique role in global finance.
And if you look at data, the kind of data - The Spider's Web: Britain's Second Empire 00:17
And if you look at data, the kind of data
Now there are two big centers, - The Spider's Web: Britain's Second Empire 00:08
Now there are two big centers,
- [Narrator] The two large centers are the United States, - The Spider's Web: Britain's Second Empire 00:15
- [Narrator] The two large centers are the United States,
- And if you add to that other jurisdictions, - The Spider's Web: Britain's Second Empire 00:23
- And if you add to that other jurisdictions,
And I think that figure represents better the position - The Spider's Web: Britain's Second Empire 00:10
And I think that figure represents better the position
(dramatic music) - The Spider's Web: Britain's Second Empire 00:05
(dramatic music)
But they still kept a significant degree of control - The Spider's Web: Britain's Second Empire 00:12
But they still kept a significant degree of control