David Cameron has ducked a question about whether his family stands to benefit from offshore assets linked to his late father, after his tax affairs came under scrutiny following the
Panama Papers data leak.
The prime minister gave a carefully worded reply saying he had no offshore trusts, funds or shares, after giving a speech about the EU in Birmingham.
...
“In terms of my own financial affairs, I own no shares. I have a salary as prime minister and I have some savings, which I get some interest from, and I have a house, which we used to live in, which we now let out while we are living in Downing Street and that’s all I have,” the prime minister said in Birmingham.
“I own no shares, no offshore trusts, no offshore funds, nothing like that. And, so that, I think, is a very clear description.”
...
Dowing Street later revealed that his wife, Samantha, benefits from shares related to her father’s land, but insisted that neither she nor the Camerons’ children currently benefit from Blairmore, an offshore investment fund set up by the prime minister’s late father.