News

Cayman Premier Congratulates UK’s Cameron on Victory

By: Caribbean Journal Staff - May 10, 2015

Above: Cayman Premier Alden McLaughlin

By the Caribbean Journal staff

Cayman Islands Premier Alden McLaughlin is congratulating United Kingdom Prime Minister David Cameron on his party’s re-election.

In a statement, he said it was “not without relief that we have learned that the Conservatives won the majority of the national vote in yesterday’s United Kingdom elections and that David Cameron has returned to Number 10 Downing Street.”

McLaughlin said he believed that a win by Ed Miliband’s Labour Party “would have had dire consequences for the Cayman Islands and other Overseas Territories, especially in the area of beneficial ownership of companies based in their jurisdictions.”

“We have vehemently opposed forced beneficial ownership, which Labour proposed, because it could damage our very important financial services industry,” he said.

That issue became a major topic in the election in February when Miliband told British Overseas Territories “we would have six months to create public registers and if we didn’t, we would be added to a tax haven blacklist.”

“I again congratulate Mr. Cameron and the UK,” he said. “It is a comfort to know that we will be working with a UK government with which we are familiar.”

Popular Posts belize hotel mayan world

At the Falling Leaves Lodge in Belize, a Portal to the Maya World

SAN IGNACIO — There has been some form of settlement on this site for more than 3,000 years, here on a leafy hill above the town of San Ignacio, Belize. In other words, this is no ordinary hill. This is Cahal Pech, […]


In San Ignacio, Belize, The Art of Adventure (And Pupusas)

pupusas belize

The sizzle is calling you. In the early morning, corn tortillas stuffed with cheese and beans and meat sing a particularly strong siren song.  It could be that perfect blend of dough and heat, or the aroma. It might just […]


Delta Is Adding More Nonstop Curacao Flights, Citing “Booming Demand”  

the beach at the avila hotel in curacao

Curacao is hotter than ever, with a wave of new hotels and record-breaking tourism numbers. And just a few months after Delta made its long-awaited return to the island, the carrier is adding even more flights.  The reason? What Delta […]


Related Posts cayman islands covid

Southwest Airlines Relaunches Fort Lauderdale-Cayman Flights 

Southwest Airlines has relaunched its daily service between Fort Lauderdale and Grand Cayman, Caribbean Journal has confirmed.  The daily nonstop flights operate between Fort Lauderdale-Hollywood International Airport and Grand Cayman’s Owen Roberts International Airport.  It’s part of a broader flight […]


Another Record-Setting Caribbean Real Estate Sale

caribbean real estate sales record

Caribbean home sales are setting records. Whether it’s the all-time levels of residential sales volume in Turks and Caicos or the recent record-breaking deal in Cayman, the region’s real estate market is hotter than ever. And now another record has […]


How (And Why) to Retire in the Cayman Islands

cayman live

By Alexander Britell When it comes to making lifestyle decisions, the pandemic has only strengthened the appeal of the Caribbean, as more people flock to the region for sanctuary, seclusion and stability amid an uncertain global situation.  It has led to a number of […]


SUBSCRIBE!

Sign up for Caribbean Journal's free newsletter for a daily dose of beaches, hotels, rum and the best Caribbean travel information on the net.


No. Thank You