In the new era of financial morality – and mortality - Alistair Darling, the UK Chancellor of the Exchequer, reckons Switzerland should bear the brunt of the growing worldwide crackdown on so-called tax havens and end banking secrecy.

In an interview in the Observer, a UK Sunday newspaper, he said: "I think it's important there is transparency…It's one of the things Switzerland has got to address. If it wants to be part of the international community, it's got to be open."