Why Guido Won’t Be Apologising to Hodge the Dodge

This morning the Telegraph issued a carefully-worded apology to question-dodging Margaret Hodge:

hodge“Contrary to our report “Hodge faces challenge over family firm’s taxes” (Nov 20), Stemcor, in which Ms Hodge has a small shareholding, has not abused transfer pricing to avoid tax. We accept that there is no inconsistency or hypocrisy in Ms Hodge criticising other companies for tax avoidance and apologise to her for any contrary impression.”

Note the very specific assertion that Stemcor did not abuse transfer pricing to avoid tax. Guido never made that claim. The paper’s willingness to describe a million pound plus shareholding as “small” is odd, and crucially there is no mention of Hodge’s use of shares held in trusts. She has still yet to reply to our repeated questions, which followed a very different line to the Telegraph’s accusations and have been sent again to her today. Guido stands by everything we have written.




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Quote of the Day

Heather Wheeler talks to Burton Mail about her tweet…

“It was a tongue in cheek pop after the European Parliament tweet – it was purely that. I also wanted to congratulate Team GB on a brilliant result and thirdly congratulate the Commonwealth countries who also did very well. Fourth, I am also looking forwarded to establishing new trade agreements. That was it – nothing more. Let’s just enjoy the summer!”

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