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What a difference two years can make. The herd of private technology start-ups worth over US$1bn – dubbed “unicorns” – is looking decidedly skittish. Funding is drying up and the expected rivers of revenue have not yet begun to flow. On Friday

With the Panama Papers exposé perhaps we can now say the fortress walls of offshore secrecy are finally cracking. Such havens allow corruption and tax avoidance to take place on a massive international scale by some of the richest and most powerful