A growing number of companies are seeking to escape the UK’s tax regime in favour of offshore jurisdictions. David Taylor looks at how it’s done

It has become increasingly common in recent months for UK-headquartered groups with international businesses to move their tax base outside the country, usually retaining a UK listing and FTSE inclusion. Recent re-locators include Shire, United Business Media and Henderson Group. A number of other companies are said to be considering a move. But why and how are they doing this?