Stella Creasy
Main Page: Stella Creasy (Labour (Co-op) - Walthamstow)Department Debates - View all Stella Creasy's debates with the HM Treasury
(6 years, 9 months ago)
Commons ChamberUrgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
Each Urgent Question requires a Government Minister to give a response on the debate topic.
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My hon. Friend is absolutely right. The diverted profits tax works every day of the week. It works where HMRC has to step in and sort out the companies that fall foul of it, but it works even better than that: it prevents and deters many, many companies from behaving in an inappropriate fashion.
The Minister says that HMRC is now seeking to investigate this matter. Ahead of the Budget, when I suspect the Government may wish to make some public spending commitments, will the Minister commit to a moratorium while this matter is being investigated on any public contracts going to companies that have offshore trusts?
I am not going to get into the business of providing moratoriums on any particular matter at the Dispatch Box, tempting though the hon. Lady’s suggestion may be. That is not a path I am going to go down.