Oral Answers to Questions

Seema Malhotra Excerpts
Wednesday 23rd October 2013

(11 years, 10 months ago)

Commons Chamber
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John Bercow Portrait Mr Speaker
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Order. I let it go the first time, but the word “conman” is, frankly, unparliamentary; the Prime Minister is a man of great versatility in the use of language and it is a bit below the level. We will leave it there.

Seema Malhotra Portrait Seema Malhotra (Feltham and Heston) (Lab/Co-op)
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Q5. Yesterday, The Independent reported the Government’s failure to close the quoted Eurobond tax loophole, which could be losing the Exchequer £500 million a year. Has the Prime Minister ever been lobbied on the loophole? Will he now pledge to close it immediately?

Lord Cameron of Chipping Norton Portrait The Prime Minister
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To my memory, I have never been lobbied on this particular issue. I looked at it this morning. The Treasury has listened very carefully to the arguments and has made the decisions for the reasons that the hon. Lady knows.