Pre-empting the sneaky rich, UK authorities are oiling the presses and closing the taps in their effort to squeeze the pips.

Treasury minister Stephen Timms donned his hard hat and goggles to get his tough message across.

Reuters: Treasury minister Stephen Timms wrote to 16 countries, including Jamaica, Cameroon, South Africa and Vietnam with the aim of setting up a multilateral tax information exchange involving Britain by the end of the year.

Timms wants a response by the end of March.  Goddamit.

[Disclaimer: He didn't actually say goddamit but probably thought it]

…

“For too long developing countries have been cheated out tax revenues by individuals and some companies — we will not allow this to continue.” [Just so happens that we have a massive black hole to fill as well, but it's mainly for their benefit of course.]

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Wonder if he will sock his tough guy message to Pres Obama about the whole Delaware thing?