Cosy Relationship Hodge the Dodge Ignores

20130426-085348.jpg Some strong words from Margaret Hodge and the Public Accounts Committee as they release their report on tax avoidance today. Apparently the Big 4 accountancy firms have an “unhealthily cosy relationship with government”, saying it creates a “ridiculous conflict of interest”. Readers will know of Hodge’s great expertise in this area, given that she worked for one of them, Pricewaterhouse, before she became an MP. Not to mention that Hodge’s friends on the frontbench such as Chuka, Balls and Rachel Reeves have all had PwC analysts on their payroll. Guido can reveal that Labour’s Shadow Treasury ministers Chris Leslie and Cathy Jamieson also currently have PwC employees working in their offices. For some reason Hodge hasn’t said anything about this, you might say, cosy relationship, but then she has form for keeping quiet about awkward questions…

UPDATE: Hodge comes in at number 15 on the Times’ Politicians Rich List (£) this morning with a mere £18 million fortune largely tied up in the family Stemcor steel trading business. She told  Michael Crick “I am a tiny, tiny, tiny shareholder”, an 8-figure shareholding is hardly what Guido would call “tiny”. Her shareholding is via family trusts which have the advantage that they won’t be subject to inheritance tax. Cunning.




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Dominic Cummings sums up scribblers…

“99% of expensive punditry is noise not signal, tune it out and think for yourself.”

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

Runners & Riders Runners & Riders
Social Media’s Filter Bubble Driving Political Anger Social Media’s Filter Bubble Driving Political Anger
4 a.m. Tom Watson 4 a.m. Tom Watson
Britain Votes For Brexit Britain Votes For Brexit
BBC Declares Brexit Winner BBC Declares Brexit Winner
Guido’s Referendum Best Bits Guido’s Referendum Best Bits
Bob Geldof Boat Passenger Votes Leave Bob Geldof Boat Passenger Votes Leave
Which Brexiteer Are You? Which Brexiteer Are You?
Referendum Day CCHQ Leak Referendum Day CCHQ Leak
Liz Hurley Backs Brexit Liz Hurley Backs Brexit
WHICH REMAINER ARE YOU? WHICH REMAINER ARE YOU?
EU TO OPEN NEW TURKEY MEMBERSHIP TALKS ON JUNE 30 EU TO OPEN NEW TURKEY MEMBERSHIP TALKS ON JUNE 30
GERMAN BUSINESS CHIEF CALLS POSSIBILITY OF POST-BREXIT BARRIERS “VERY, VERY FOOLISH” GERMAN BUSINESS CHIEF CALLS POSSIBILITY OF POST-BREXIT BARRIERS “VERY, VERY FOOLISH”
PROJECT SNEER: LUVVIES SAY LEAVERS ARE ‘THICK IDIOTS’ PROJECT SNEER: LUVVIES SAY LEAVERS ARE ‘THICK IDIOTS’
TURKEY “FLABBERGASTED” BY CAMERON: “HE’S OUR BIGGEST SUPPORTER!” TURKEY “FLABBERGASTED” BY CAMERON: “HE’S OUR BIGGEST SUPPORTER!”
BORIS LOOKS FORWARD TO INDEPENDENCE DAY BORIS LOOKS FORWARD TO INDEPENDENCE DAY
HESELTINE: UK WILL JOIN EURO IF WE REMAIN HESELTINE: UK WILL JOIN EURO IF WE REMAIN
Sadiq “EU Should Not Be a Christian Club” Sadiq “EU Should Not Be a Christian Club”
“REST IN POWER”: CORPORATE SPIN DOCTORS TAKE CONTROL OF COX IMAGE “REST IN POWER”: CORPORATE SPIN DOCTORS TAKE CONTROL OF COX IMAGE