What Cameron said when:
- Asked on Monday whether she could confirm that no family money was still invested in the fund, Mr Cameron's spokeswoman said: "That is a private matter"
- Then in an interview on the same day, Mr Cameron said: " I have no shares, no offshore trusts, no offshore funds, nothing like that. And, so that, I think, is a very clear description"
- Downing Street issued a statement on Wednesday: "To be clear, the prime minister, his wife and their children do not benefit from any offshore funds. The prime minister owns no shares. As has been previously reported, Mrs Cameron owns a small number of shares connected to her father's land, which she declares on her tax return"
- No 10 then released a further clarifying statement, saying: "There are no offshore funds/trusts which the prime minister, Mrs Cameron or their children will benefit from in future"
- On Thursday the PM told ITV News: "We owned 5,000 units in Blairmore Investment Trust, which we sold in January 2010"
Postscript
For the record, I have investments in stocks and shares. These are held in accounts at the distinctly unexotic Bank of Scotland and SAGA. With the exception of an investment ISA (which is tax-free), these accounts are subject to tax in the usual way, but I have never earned enough to exceed the tax-free allowances of £11,100 per year in capital gains and £5,000 per year in dividends. I have never had anything to do with offshore accounts, trusts or funds in any way.
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