Oral Answers to Questions

Lloyd Hatton Excerpts

Tuesday 16th June 2026 Commons Chamber

[Yvette Cooper]

We continue to condemn the horrendous attacks on 7 October, which were an act of the most barbaric terrorism by Hamas and left deep scars for families who lost loved ones. Huge trauma was instigated as a result and it was the worst attack on the Jewish people since the Holocaust. We remember with sadness all those who lost their lives.

[Lloyd Hatton (South Dorset) (Lab)]

Every year, billions of pounds never make their way to the Treasury coffers because of British tax havens, such as the British Virgin Islands. The upcoming illicit finance summit offers us a real opportunity to tackle tax evasion and dirty money in these havens. Ahead of the summit, does the Minister agree that we must ensure that these havens finally throw open their books, and that tackling tax dodging must be top of the agenda?

[Stephen Doughty]

The illicit finance summit will convene a broad coalition to tackle dirty money globally and focus on financial transparency, property, crypto and illicit gold. The Crown dependencies and overseas territories with financial centres have committed to upholding international tax standards, but we work closely with them on upholding those international standards and on wider transparency, including in relation to beneficial ownership.