Oral Answers to Questions

Alison Thewliss Excerpts
Tuesday 16th October 2018

(6 years, 2 months ago)

Commons Chamber
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Claire Perry Portrait Claire Perry
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My hon. Friend is a strong defender of that industry, which is vital to the UK economy. He will know that those companies have set out their own pledges and that they have set out how they see world changing fundamentally. They are also investing heavily in the new technologies that they want to be part of the future.

Alison Thewliss Portrait Alison Thewliss (Glasgow Central) (SNP)
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The Department’s consultation on limited partnerships closed on 23 July. Scottish limited partnerships continue to be used for dirty money, to the absolute discredit of the country. When will the Minister do something about this?

Kelly Tolhurst Portrait Kelly Tolhurst
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We acknowledge the reports that limited partnerships, particularly Scottish limited partnerships, have been misused. That is why we have consulted on proposals to tackle the issue and to modernise the law. In June 2017, Scottish limited partnerships were brought within the scope of the register of people with significant control, and since then there has been a fall of 80% in the registration of new partnerships.