(2 days, 10 hours ago)
Commons ChamberWith the leave of the House, let me say that this has been an interesting, important and at times very moving debate commemorating the life, causes and work of our great friend—and hon. Friend—Jo Cox, as we think about how we take forward her work and her inspiration. There have been many great speeches, with some very consistent warnings, themes and concerns, as well as important agendas that all of us should be pursuing.
I will start, if I may, with the speech by the hon. Member for Spen Valley (Kim Leadbeater). She reminded us that, as well as a politician and a figure in public life, her sister was a mother of a brilliant family—she was a daughter, sister and a mother. We remember today how much that family has suffered, and how much they have contributed to our country as her legacy. It was so good to hear the hon. Lady’s news about Jo’s children, Cuillin and Lejla. The hon. Lady made a superb speech, which really placed this debate in the position in which it needed to be.
The hon. Member for Mid Dunbartonshire (Susan Murray) underlined the importance of the work tackling loneliness. My constituency neighbour the hon. Member for Birmingham Yardley (Jess Phillips) brought Brummie good sense to the debate. We always enjoy her contributions in the royal town of Sutton Coldfield. She set out the importance of friendship and family, and above all the importance of political courage. The hon. Member for Brighton Pavilion (Siân Berry) spoke eloquently about Jo’s leadership on the huge value of building united communities.
The right hon. Member for Ilford North (Wes Streeting) made an uplifting speech. I have no doubt it will be carefully parsed with particular interest by his Whips Office. He spoke up for “more in common”, emphasising that it does not mean we all have to agree, but that it is important we know how to disagree in the appropriate manner. He made the point, far better than me, that although the media focus on our divisions in this place, there is an awful lot of harmony, agreement and close working together, which does indeed get things done.
The hon. Member for Dewsbury and Batley (Iqbal Mohamed) emphasised the importance of confronting reckless and inflammatory language, and those who enable it to be spread. That most important point recurred a number of times during the debate. The hon. Member for Neath and Swansea East (Carolyn Harris) called for more people like Jo, and she made a lovely speech. The hon. Member for Oldham West, Chadderton and Royton (Jim McMahon) emphasised the importance of simple courtesy and much more, both in the House and in politics outside it.
The hon. Member for Llanelli (Dame Nia Griffith) made an important speech about the need to focus on online safety and on tackling loneliness. I thank her and others for their very nice comments about our friend and colleague Sir David Amess.
The hon. Member for Bethnal Green and Stepney (Rushanara Ali), who has made such a contribution to cross-party work on international development, made a most important point that the sheer personal cost of coming into politics and Parliament today, particularly for women, has risen hugely. As parliamentarians, to protect future generations and ensure their interest, commitment and ambition, we, too, need to focus on that in our time.
The hon. Member for Brent East (Dawn Butler) entertained the House with her drinking stories. [Laughter.] We are all relieved to see that she managed to get home in the taxi kindly arranged by the right hon. Member for Ilford North.
I finally understand why my rating is slightly below five stars!
(8 years, 6 months ago)
Commons ChamberI draw the House’s attention to my entry in the Register of Members’ Financial Interests.
I congratulate the right hon. Member for Barking (Dame Margaret Hodge) on securing this debate. She brings great expertise and authority on these matters, not least from her time on the Public Accounts Committee.
The most important point for the House to focus on this afternoon is that this is absolutely not a party political issue. Although the right hon. Lady raised some criticisms of this Government, she also raised criticisms of the Government of which she was a member. In my judgment, the only plausible criticism that can be made of the current Government is that they need to speed up some of the initiatives they have already implemented. They have not done so in respect of the overseas territories because, obviously, we would rather those havens took action themselves—to be fair, to some extent they have already started to do so.
On the actions taken by the Government, David Cameron and George Osborne led the international effort at the G8 to clamp down on such matters, particularly tax avoidance and evasion. The UK introduced publicly accessible registers of people with significant control, abolished bearer or anonymous shares and, importantly, introduced unexplained wealth orders. The anti-bribery law, work on which first started under John Major in Paris in 1995, was finally introduced in this country by David Cameron in 2011, after 13 years of Labour government.
On this Government’s record, let us be clear that they have been taking action and have raised an immense amount of extra tax as a result. However, the time has come—this is my third debate on this issue—to insist on the same levels of openness and transparency for the overseas territories as we have in this country. The territories gain hugely from their relationship with the United Kingdom and, as the Government made clear in 2012,
“As a matter of constitutional law the UK Parliament has unlimited power to legislate for the Territories.”
The right hon. Gentleman will know from his considerable expertise on international development that the abuse of such offshore schemes not only harms British taxpayers but disadvantages some of the world’s poorest people. That is why the Government must act to introduce greater transparency in Crown dependencies and overseas territories.
I am coming on to precisely that point.
Like many Members, I have been visited by senior Ministers of almost all the overseas territories, and the position of the territories is best summed up by the prayer of St Augustine: “Oh Lord, make me chaste—but not yet.” The territories put two specific arguments. I call the first the Dutch Antilles argument, which is that if the territories have open registers, the hot money will head off to the Dutch Antilles. There is momentum around the world, thanks to David Cameron and George Osborne, to attack such ills and unfairnesses. Havens that embrace an open register will get an advantage from being at the front of opening up to billions of pounds of legitimate business.
The second argument—in a way, this is the one we have to address head-on—is that the territories’ private registers are already available to lawmakers and regulators, such as HMRC. The territories proudly say that they will turn round inquiries from HMRC within a matter of hours, which is good, but it completely misses the point, as the recent release of information shows. Registers must be open to the media, to journalists, to non-governmental organisations and to those who can join up the dots. The regulatory authorities, with the best will in the world, are not in that business. Narrow questions, drawn from regulatory authorities, simply do not begin to suffice.