Socialist Worker

Tony Blair’s web of companies

Issue No. 2285

Tony Blair’s company Windrush Ventures had a turnover of £12 million last year—but somehow only paid £315,000 in tax.

The firm only declared £1 million as profit after it wrote off £11 million as “administrative expenses”.

Windrush, which trades as “the Office of Tony Blair”, received some £10 million through a complex web of other Blair-run firms.

The trail leads to one named “Windrush Ventures No 3”. But this is a limited partnership—meaning that its accounts can legally be kept secret.

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Tue 10 Jan 2012, 19:50 GMT
Issue No. 2285
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