THE Isle of Wight is set to host a visit from John Christensen, director of the Tax Justice Network, to introduce his new film The Spider’s Web in Newport on Monday.

Today, up to half of global offshore wealth may be hidden in British offshore jurisdictions.

According to the film's makers, the investigation looks at the creation of a web of offshore secrecy jurisdictions which capture wealth from across the globe and hide it behind obscure financial structures in a web of offshore islands.

With the use of archive footage and contributions from leading experts, academics, former insiders and campaigners for social justice, The Spider’s Web claims to reveal how in the world of international finance, corruption and secrecy have prevailed over regulation and transparency, and how the UK is right at the heart of this.

John Christensen was trained as both an auditor and a development economist and is a co-founder and director of the Tax Justice Network, based in London.

His current area of expertise is tax havens and their impact on international development.

Previously, Mr Christensen was a company and trust administrator in Jersey, a prominent European tax haven, and served as economic adviser to the Jersey government.

The film will be shown at the Riverside Centre, Newport, on Monday, starting with a talk from John Christensen at 8pm. Donations welcome on the night.

More details at www.spiderswebfilm.com