20 Feb 2008
The new management team at Northern Rock are 'non-doms,' it has emerged.
Ron Sandler, the executive chairman, was born in Zimbabwe. He carries a German passport, and he also owns a property in Wimbledon that is held in an offshore trust in Jersey, the Telegraph reported.
Ann Godbehere, the new finance director, is also thought to be a non-dom, having dual Canadian and British citizenship.
Paul Kenny, general secretary of the union GMB, said: 'The Chancellor has no alternative but to ask Mr Sandler to end his non-dom tax status and become a resident taxpayer.'
Robin Ashby, founder of the Northern Rock Small Shareholders' Group, was quoted in The Times saying: '[Shareholders] will look pretty much askance at what I'd deem to be tax exiles taking over their company.'
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
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