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‘Come meet us in Dubai’: the new offshoring of grand corruption

So-called professional enablers of grand corruption are increasing service provision out of jurisdictions where they can act without similar restraints. WaitForLight / ShutterstockDuring an interview one of us (Ricardo Soares de Oliveira) carried out in 2017, an African high net-worth individual said he was told by an executive whose business had long served him out of London: “Come meet us in Dubai”. This is part of a large but still misunderstood shift.

Pallets are the backbone of global trade but supplies are threatened by theft, loss – and giant bonfires

Craigyhill bonfire was declared the world's tallest at a height of 203 feet (63 metres) in 2022. Thousands of pallets were used to build it. Stephen Barnes/ShutterstockPallets don’t usually make headlines. But amid fresh controversy around the traditional July bonfires held in Northern Ireland this year, they’ve suddenly become a talking point.

FT Wealth: July

In this edition: Walmart heir Lukas Walton is on an environmental crusade; Roman wealth through the prism of photographs by Don McCullin; donations of pieces to a museum may need a cheque attached; US philanthropists innovate in the face of Trump’s attacks

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