Formula 1 world champion Lewis Hamilton and global popstar and do-gooder Bono are the latest high profile names to be named as part of the ‘Paradise Papers’ leak following the data ‘leak’ from offshore jursidictions.

Mr Hamilton – who won his fourth world championship last week to become the UK’s most successful driver – was given a £3.3 million VAT refund for business use for the £16.5 million Bombardier Challenger 605 he purchased and was imported into the Isle of Man in 2013, according to the Paradise Papers, with some 50 such similar arrangements made in the isle of Man.&nbs...