Channel Islands in support of Island's tax views

The Channel Islands have reiterated the Isle of Man's support for fresh tax regulations.

It follows a meeting with the UK's Prime Minister over the weekend where Chief Minister Allan Bell was also present.

It was a chance for the crown dependencies to discuss their tax regulations and trade with Mr Cameron ahead of the ongoing G8 summit.

Jersey and Guernsey joined the Isle of Man in agreeing to a new multilateral agreement, action plans on beneficial ownership and pilot initiatives.

The leaders of the world's most powerful countries have been discussing international tax issues in County Fermanagh this week.