The Independent: It is the largest tax-evasion settlement in history, according to George Osborne, who fleshed out a treaty with Switzerland which will ensure, he said, “that for the first time in our history money will be flowing from bank accounts in Switzerland to Britain rather than the other way around”.
Full story: http://www.independent.co.uk/news/uk/home-news/swiss-banking-treaty-to-crackdown-on-britains-tax-evaders-8386852.html