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What they allow the city to do is to get involved
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The Spider's Web: Britain's Second Empire

What they allow the cityto do is to get involved in dirty business, butthen when the...

What they allow the city
to do is to get involved in dirty business, but
then when the scandal hits, to say, "Well, they're
kind of independent

Full Transcript

00:00:01.000 --> 00:00:04.034
- What they allow the city to do is to get involved
00:00:04.034 --> 00:00:08.841
in dirty business, but then when the scandal hits,
00:00:08.841 --> 00:00:11.032
to say, "Well, they're kind of independent.
Duration
12 seconds
Views
14
Timestamp in Movie
00:28:05
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.
"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
So you could describe it as a second empire, - The Spider's Web: Britain's Second Empire 00:11
So you could describe it as a second empire,
- [Narrator] At the time of the British Empire, - The Spider's Web: Britain's Second Empire 00:08
- [Narrator] At the time of the British Empire,
Not only Britain's colonies - The Spider's Web: Britain's Second Empire 00:12
Not only Britain's colonies
As the Empire declined, so too did the City of London. - The Spider's Web: Britain's Second Empire 00:06
As the Empire declined, so too did the City of London.
The establishment of the London Euromarket enabled - The Spider's Web: Britain's Second Empire 00:18
The establishment of the London Euromarket enabled
International banks from across the globe set up branches - The Spider's Web: Britain's Second Empire 00:12
International banks from across the globe set up branches
- This system has taken the place of the occupation, - The Spider's Web: Britain's Second Empire 00:10
- This system has taken the place of the occupation,