April 26th, 2013

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.


189 Comments

  1. 1
    The Tap says:

    Piece of shit

    Like

    • 11
      labourunionsbbc are one under the EU says:

      The fearless ‘reporters’ at the bBBC know nothing of this. Why else would they give her so much room to spout off and not challenge her?

      Like

      • 20

        You could have left it like that after your first eight words…

        Like

      • 25
        Libydems r finished says:

        Looney left on the rise that is why bro David has given flight and is distancing himself. Blaire’s sideline comments will mean nothing and will achieve nothing.

        Like

      • 48
        Sarah says:

        BBC Today – flagship news programme?

        Not a single question to Hodge about her shares in Stemcor, or the trust fund set up to avoid tax or the fact that Stemcor uses exactly the same practices to pay very little UK tax.

        Well done BBCfor yet again proving your inate left wing bias – if Hodge were a Tory you would have ripped her to shreds months ago.

        Thankfully I do not pay the TV Tax license fee.

        Like

      • 116
        Vince says:

        Don’t ask me. I can’t remember what I had for breakfast.

        Like

    • 14
      Bad un Watch says:

      She’s a bad un.

      Like

    • 18
      Naive BBC says:

      Why do the BBC believe everything she says without question?

      Like

      • 35
        Do you mean this Margaret Hodge says:

        Like

        • 86
          I Remember You Hoo says:

          Those allegations are all PIE in the sky. Hodge was never involved and never expressed any support at all. Oh wait……..

          Like

          • Hugh Janus says:

            Of course they are. Guido surely thought so too as he read about these cosy relationships in issue after issue of the Eye. It’s one of his favourite publications which he snatches from the postman’s grasp every fortnight.

            Like

        • 97
          Yeah, right... says:

          Does it not occour to these half-wits that it is they that have the capacity to change the tax system that they so evidently loathe.

          Or is it the case that some easy headlines on the teatime news gives the impression that something is being done, even if it is the spouting of hypocritical hot air?

          Like

      • 140
        Bollocks to getting a pseudonym says:

        Is she related to the newish DG? They’re all a bit incestuous, the Lefties.

        Like

        • 142
          Anonymous1 says:

          Are you suggesting we have six toes on our feet? How dare you! Tories are the one that inbreed with their first cousins.

          Like

    • 61
      Glyn H says:

      Lady Hodge, please!

      Like

    • 67
      Anonymous says:

      ASk her about her role in Price Waterhouse’s relationship between the transfer rpicing unit and management consultancy teams (where she was a senior menber of staff), based at Milton Court, moorgate near the barbican. fucking hypocrite

      Like

      • 175
        Anonymous says:

        What about that well known US coffee house and their Cosy Relationship with the taxman? And yet, despite their cost-a-lot ‘coffee’, are we to believe that they do not make a profit?

        Like

    • 146
      The Hodge offshore trust says:

      How dare you. All the offshore holdings are completely bona fide and any suggestion of hypocrisy is totally wrong…..

      Like

    • 184
      ancientpopeye says:

      But has her tax returns been checked and which offshore account are they reposing?

      Like

  2. 2
    Hodge the Dodge says:

    We need to Stem the Cor of this problem

    Like

  3. 3
    The Tap says:

    Oh, and first

    Like

  4. 4

    Tiny, tiny, tiny.

    Like

  5. 4
    Labour Hypocrites says:

    Do as we say, not as we do

    Like

    • 74
      Old Blind Pugh says:

      What should be implemented before Dave and chums finish their term is a thing that Liebore ran a coach and horses through, that is, when ministers leave office they should not be able to join a firm or act as an “adviser” for which their ministry had had responsibility for 2 or preferably 3 years. That might helped to stop the roundabout of government and industry.

      Like

      • 89
        I Remember You Hoo says:

        Make it ten years and the end of the corporatist roundabout would be certain.

        Like

      • 141
        Hugh Janus says:

        A little unlikely in my view, bearing in mind that many of those who make it to ministerial level regard such promotion as part of their master-plan for some serious nest-lining after they have been booted out for being useless. At least in the new ‘job’ (often a quango) they can be paid squillions for being useless.

        The political class looks after its own, don’t forget.

        Like

        • 145
          Anonymous1 says:

          Politicians, huge anus – they all get promoted to their fair level of incompetence. Just look at Cameron and Georgie Porgie for instance, two useless nitwits together, haven’t got a clue both of them.

          Like

      • 154
        James Purnell says:

        Don’t forget my £300k job at the BBC.

        Like

  6. 6
    The Tap says:

    Damn, it was third, my post about been first. Though I was first, with my first post, just forgto to mention it was first and ended up third when I did mention the firstness of my first post.

    Like

  7. 7
    The voice of reason says:

    ME ME ME ME ME ME ME ME ME ME.

    I am an expert on any topic imaginable

    Like

  8. 10
    Starfucks says:

    And we have yet to make a profit in the UK,,, no seriously our bean counter said so on R4 this morning.

    Like

  9. 12
    LabLibCon We've Fucked You Up the Arse says:

    We’re all in it together! You trash will have scab around the dustbins or as we like to call the ‘new agents of local wealth’ enjoy!

    Like

  10. 16
    Ed Balls says:

    Tax is for the little people, just like capital gains tax on property.

    ps – Ed Balls

    Like

  11. 16
    Bazinga! says:

    The BBC has admitted paying more than 6,000 freelance workers who register themselves as “personal service companies”, meaning they can be taxed as companies not individuals.
    It has been reported that they include some of the BBC’s most well-known broadcasters, including newsreaders Fiona Bruce, Joanne Gosling, Emily Maitlis, Gavin Esler and Sophie Raworth.
    MPs on the public accounts committee last month accused the BBC of having “staggeringly inappropriate” arrangements in place for many of its staff and said it could be “complicit” in tax avoidance.

    http://www.telegraph.co.uk/culture/tvandradio/bbc/9661139/BBCs-big-talents-made-staff-after-claims-of-tax-avoidance.html

    Like

    • 42
      (I don't need no doctor) says:

      The BBC behaves like it is an independent state. Do no laws or morals apply at the BBC?

      Like

      • 60
        Wyle Cop says:

        No.

        Like

      • 70
        BBC, Head of Songs of Praise, Dr. Who-Cares and Playschool says:

        Yes of course they do – mainly the laws of the playground:

        1)Don’t get caught.
        2)If caught – blame someone else
        3)Finders keepers.
        4)All teachers and Tories are fac1sts!
        5)Use someone else’s money to subsidies your homo/ lesbian/ transgender/ nonce lifestyle to keep you in the class A drugs you’ve become accustomed to – and start again at 1)

        Now pay your licence fee, as my gimp needs his Columbian nose work out, and you know how grumpy 13 year olds get!

        Like

        • 121
          Revolving Door says:

          6) Savile never worked here and nobody knew a thing either.
          7) Insist on a gagging clause

          Like

    • 159
      labourunionsbbc are one under the EU says:

      “The BBC declined to discuss the individuals affected”

      That’s all right they are a private company, err, just a minuet . . .

      Like

  12. 19
    Anonymous says:

    Useless fucking cow

    Like

  13. 22
    Stupid Woman says:

    Like

    • 26
      Raving Loon says:

      Jesus Tapdancing Christ, do you have to comment on every little f.uc.k**g issue?

      Like

    • 30
      A Horrid woman is abbott says:

      So Primark phoned them up and ordered them to carry on working when they found cracks developing in the building?

      I think not Diane. I also think you are making crass political capital out of a tragedy which you plainly do not know even the basic of facts.

      SHAME ON YOU…YOU RACIST SCUMBAG

      Like

    • 33
      Fashion Expert says:

      Abbott, you are so Primark.

      Like

    • 34

      West Indian mothers would go to the wall for their children

      In Old World India, the wall comes to them.

      This silly cow is trying to blame Primark (private enterprise) for the failings of the Bangaleshi Building Inspectorate (state).

      Like

      • 99
        The Eton tit in no. 10 says:

        I know all about going to The Wall.

        Like

        • 109
          RetardEd Miltwat, PM in waiting, man of steel (Thorry Margaret!) and Justin's bitch says:

          Mithter BallthUp ttayth thatth where I’m going if I don’t do ath he thays!

          Like

      • 144
        Hugh Janus says:

        The BBC blamed Primark in their first news item about this, and Ch4 News waded in yesterday evening with more of the same. I fail to see how a customer can be blamed for the collapse of a supplier’s building, but obviously the Beeb and CH4 thought it relevant.

        Like

        • 176
          Curly says:

          So did some fake charity w*nker on Sky. Said it was all the fault of the big western corporations for demanding cheap clothes from poor downtrodden Bangla workers.

          WTF do the news channels find these people?

          Like

    • 36
      (I don't need no doctor) says:

      Has Abbott no work to do. Maybe Miliband should ask her what she does all day apart from tweet.

      Like

    • 37
      Diane Abbotapotamus says:

      Maybe I shud ave tweeted…

      Stafford: Thousands die as health service morally collapses. The price of cheap political targets.

      Like

      • 155
        Village Idiot says:

        Abbott could “tweet”, “we got it wrong on immigration,sorry”,we got it wrong on
        the economy,sorry”, we got it wrong in the NHS,sorry”we got it wrong on Iraq and
        Afghanistan,sorry,”we got it wrong praising gordon brown and letting him run amok,sorry”,we got it wrong on mp’s expenses,sorry,we saddled the country with ECHR stuff,sorry,we got in with the police and press,sorry,we squandered billions and racked up debt,sorry,we let a lot of undesirables come into your country,sorry…(you get the idea.)

        Like

    • 38
      Centrist says:

      Luckily you wear tents – how does north face source its canvas ?

      Like

    • 77
      STARVIN MARVIN ABBOTT says:

      “The price of cheap clothes.” Stop moaning ,
      Who else would cloth you ?

      Like

    • 79
      STARVIN MARVIN ABBOTT says:

      Only happened two days ago Flabbott, Do try to keep up !

      Like

    • 95
      you couldn't make it up says:

      this is how it works. You pay the works more & give them better conditions. You have to up the price to primark, who then find its cheaper to get them else where or to manufacturer in the UK. So you loose your contract, close your business and lay the works off. With no state handouts your works starve to death.

      Great for the over populated world not so good for works but thats socialism for you

      Like

  14. 24
    Norman Smith says:

    I think the big accountancy firms are just being lucky.

    Like

    • 113
      M "tiny hypocrite" Hodge says:

      This year, at the Labour Party knees-up, I shall be on the kareoke doing “I should be so lucky”

      Like

  15. 40
    Adolf Schicklgruber says:

    Zat Genreal Franco…. he has an unhealthy relationship viz der Naz1s!

    Like

  16. 43
    Raving Loon says:

    What about the EU’s accounts not being signed off since the dawn of time? Any news on that? Thought not.

    Like

    • 100
      I Remember You Hoo says:

      Or the billions stolen or disappeared from said accounts. Not a word is heard and no investigation by Europlod. Theft has never been easier.

      Like

  17. 45
    Anonymous says:

    How did she get so rich? She must be very clever.

    Like

  18. 47
    (I don't need no doctor) says:

    How come Hodge can accuse others but won’t come clean about her own financial arrangements? She must have something to hide.

    Like

  19. 51

    Well I qualified as a Chartered Accountant with and as an ex tax specialist at PW London one of the many things that I remember was a positive and strong ethical approach. If politicians were trained to Price Waterhouse standards [at least when I trained with them in the 1980s] our country would be a far better place. What ever is happening in this cosy relationship, I would be amazed if any laws were being broken.

    Like

    • 66
      Anonymous says:

      Is she trying to get her own back cos they fired her ???

      Like

      • 83
        Mike Hoxard, Labour MP #TrougherCougher&StillInTheCloset says:

        What a dreadful thing to suggest about Ms Hodge! She would never be petty and spiteful by telling great big untruths!

        Take that back, or I’ll send Chris Bryant round in his underpants with a camera!

        Like

  20. 62
    The Right Honourable George Osborne Mp says:

    The Hudsons are a lovely couple.

    Like

  21. 65
    Barking MP says:

    When I became an MP I had to solemnly affirm the Hypocritical Oath, I’ll have you know.

    Like

  22. 68
    Westminster is full of corrupt shits says:

    Guido — Shine a powerful spotlight on Squeaker Bercow’s tax avoidance as well.

    Like

  23. 72
    Raving Loon says:

    “Every man is entitled if he can to order his affairs so that the tax attaching under the appropriate Acts is less than it otherwise would be. If he succeeds in ordering them so as to secure this result, then, however unappreciative the Commissioners of Inland Revenue or his fellow tax-payers may be of his ingenuity, he cannot be compelled to pay an increased tax.”

    -Lord Tomlin, 1936

    Like

    • 75
      Anonymous says:

      She was asked ages ago if it was true about her financial arrangements and she denied it. She also said she would sue anyone who stated otherwise – still waiting!!!!!

      Like

    • 143
      Aydodge E. Scheisster QC says:

      Lord Clyde, with Judge Learned Hand, concurring.

      Like

  24. 80
    twat says:

    Totally agree +1 etc.

    But she has a point no? Or is ad hominem still order of the day here…..

    Like

    • 90
      Mars Attacks! says:

      So let’s get this straight then, so as to avoid just bypassing the irony and going straight to abuse:

      It’s OK that 13 years of Labour using close connections with the big accountancy firms to formulate policy is OK, but the coalition have to do it using Wikipedia?

      The fact that Nigel “Ve Vill soon leave der Sudetenland” Farage used one to allegedly set up a Jersey Education trust is also fine, but the Tories can only have Gordmong’s broken calculator and that young bird off Countdown?

      Like

  25. 81
    Taxfodder says:

    You have to ask yourself..if Tax is so good, why pay it?

    Can’t help laughing at MP’s and gullible hangers on, pitiful wittering and sour grapes about tax pounds they think they must be missing out on.

    All the engineered huff and puff about taxation can’t change the fact you are just plain stupid stupid stupid if you pay more tax than you need to and,

    all the legislation on tax avoidance in the world will never, never, never get intelligent people to freely roll over and let the inland revenue fleece them just so Ministers can waste and squander collected tax value on things like Maggies funeral, Scroungers, EU and assorted world charity black holes …the more MP’s have, the more they waste so keep them lean.

    Avoiding tax is your duty to your family (not the state) and self, if you think otherwise I hear the inland revenue are accepting donations….medals and knighthoods may follow…..not!

    Like

  26. 85
  27. 88
    young Shep says:

    Testing!

    Like

  28. 93
    The savant 10.4 highway patrol says:

    unhealthily cosy relationship with government

    well .. in that case she has an unhealthily cosy relationship with her undeclared wallet

    perhaps she should resign in order to spend more time with it ….

    Like

  29. 96
    The savant 10.4 highway patrol says:

    …. and. btw why does she insist on getting photograohed with her big mouth akimbo

    she looks as though she s about to embsrk on an extremely challenging bj

    Like

    • 102
      Mike Hoxard, Labour MP and hung like a donkey (Sadly, the Muffin the Mule puppet) says:

      You called?

      Like

    • 104
      Cuntdown says:

      Is she entertaining the invisible man?

      Like

      • 112
        Bollox, Bollox & Twat, Commisioners for (loud) Oaths says:

        No – it’s an arms length, trust fund partner, who for tax purposes, does not actually exist, but she can have the use of any seed he produces.

        Like

  30. 98
    (I don't need no doctor) says:

    Why is the BBC News channel promoting Ed Miliband so much today. A clip of him discussing the Syrian issue is being repeated. Why, surely we should just hear from government.

    Like

    • 107
      young Shep says:

      At least nobody takes any notice of that idiot, what worries me far more is Hague, he seems determined to get us dragged into yet another foreign war to boost his public profile.

      Like

      • 111
        Loopy Lou says:

        How many British Voters have ever been to Syria ?

        Like

        • 114
          young Shep says:

          Could be quite a few before long, more Wootten Bassett fodder.

          Like

        • 115
          Hereford Barracks, You know... the one with the clock tower says:

          Officially, or unofficially?

          Like

          • Village Idiot says:

            Could you brilliant boys in the hereford barracks go back to the mysterious,secretive and anonymous ways of the 50’s,60’s and 70’s,when enormous respect was afforded to the men of hereford barracks…..Modernity,books and petulance has dimmed the mystique.

            Like

        • 117
          Col Nut says:

          Looked over the border to Al Quneitra yesterday.U.N.zone but Assad’s flag also flying there.

          Like

          • Me again says:

            I did respond, but clearly offended somebody’s sensibilities by saying what a pleasant country it was – you know right next to uno where.

            Like

        • 181
          A wandering minstrel says:

          Hmm, modulated. I wonder what the dodgy word was?

          Like

  31. 108
    Long John Silver's parrot says:

    So the big four Accountancy Firms have an unhealthy relationship with Government .

    Well I am really shocked by that revelation.

    It is like a bolt out of the blue .

    Like

    • 182
      Matilda says:

      It was ever thus – which is why Andersons had to split up into separate bits some time back. I wonder if they still talk to each other over a beer though?

      Like

  32. 120
    Ron Barras says:

    Hodge is confusing noise for action.

    Instead of blaming companies for exploiting loopholes, why not sack the incompetent civil servants and politicians who created them in the first place?

    Like

    • 136
      Maq­boul says:

      All companies have a duty to their shareholders to pay the absolute minimum of tax that the law demands and that includes the use of efficient tax avoidance measures.

      Like

  33. 122
    Max Dodge says:

    15. Margaret Hodge
    £18 million
    Steel
    The scourge of the multinational tax avoiders through her role as chair of the Public Accounts Committee, Hodge has a tidy nest egg to retire to once her Westminster career is over. She is the daughter of J3wish refugees from Nazi-occupied Austria and possesses a small stake in Stemcor, a global steel trading company that was founded in 1951 by her father, Hans Oppenheimer. It is now chaired by her brother Ralph Oppenheimer. She was subject to criticism last year after claims that Stemcor had avoided tax, which it denied. Hodge said she would be “very mad” if the claims were borne out. She also denied any role in the running of the company and said she was merely a “responsible shareholder” who had received assurances it paid its “fair share”. The company said it made a loss of £2.9 million in the UK on turnover of £2.1 billion in 2011 and paid tax of £163,000. We value it at £300 million, meaning her and her family’s stakes are worth millions. Her home could be worth up to £3 million.

    Like

  34. 124
    metro-intellectual-wannabe says:

    Man she should be on the front bench with that kind of cash.

    Like

  35. 125
    UKID DING says:

    TAX, IT’S ALL UNRAVELLING, NIGE……

    Like

    • 131
      Owen Jones says:

      You’re almost as much of a twat as I am.

      Like

      • 133
        Owen Jokes says:

        The impossible can be done immediately. Miracles take a little while longer.

        Like

        • 149
          Nigel "A song, a dance & a new idea is on the way" Farage says:

          Oh dear, oh dear.

          Vote UKRAP and get UKRAP or something like UKRAP. Although it might be Tory. Or Labour. Or something like that. But don’t talk to me about elections, because none of you had an outright victory last time!

          (PSSST….. start the car!)

          Like

    • 158
      Anonymous says:

      Where’s the money going to come from for all those UKIP bungs to pensioners? Cost savings from withdrawing from the EU apparently pays for everything – like Labour’s banker bonus tax.

      Like

  36. 129
    Owen Jones says:

    No thread would be complete without a post from me.

    Like

  37. 130
    Feel the enrichment says:

    The ringleader of a Birmingham terrorist cell who plotted an attack to rival the 7 July and 9/11 atrocities has been jailed for life. The judge at Woolwich Crown Court ruled that Irfan Naseer, 31, must serve a minimum of 18 years for planning a mass casualty suicide bombing campaign. The judge said Naseer wanted to turn part of Birmingham into a “little war zone”. Ten other members of the terror cell will be sentenced later.

    Well, let’s hope he’s put in a cell with a nasty prisoner with a penchant for kicking in heads and buggery.

    Like

    • 156
      Jess Tathort says:

      Or an alcoholic gay pork butcher, imprisoned for life for inciting racial hatred and killing mozies with his bare hands.

      I must get out more…. which is what Naseer must be thinking now.

      Like

    • 171
      Chris Huhne says:

      Someone call me?

      Like

  38. 135
    Anonymous1 says:

    Rich people and Labour go together like marmite on one’s cock – stingy!

    Like

    • 138
      Anonymous1 says:

      ouch! Don’t try that again, darling…

      Like

      • 157
        The Loony Left says:

        ‘Thatcher was lucky with the arrival of North Sea oil revenues’

        FFS !! The concomitant rise in the value of the Pound murdered some of the crappy unionised manufacturing industries in the Country and was a significant factor in their demise.

        Like

  39. 188
    BBC BullKok says:

    She is a rich witch. Pay your taxes you bitch!

    Like

  40. 189
    Anonymous says:

    On reflection, I don’t think I’ve ever seen a story disappear from the front page of Google News quite so fast. Only 1 day – then gone like snow off a dyke.

    Guido could perhaps offer to take up the slack, but I don’t think he likes her.

    It is candidly offensive the contempt with which the far right and left elites treat the public intellect when it comes to the attempts to hide irregularities which, in this rare case, Margaret Hodges has rightly exposed between influence of HMRC policy and avoidance of tax.

    The same cosy relationship exists between certain planning consultants helping to determine policy through lobbying with the DCLG as well then making representations to local government in respect of applications submitted by their own clients, generally large known brand names.

    Firms include well known names, directors of which also advise certain government bodies. Cannot be named here for obvious reasons.

    Like


Seen Elsewhere

What Will Happen if Scots Leave? | David Aaronovitch
Why Are Radicals Like Carswell Leaving Tories? | BBC
Danczuk: Rotherham Abuse Imported From Pakistan | Telegraph
Ashya King Case Shows How Authorities Get it Wrong | ConHome
The Carswell Show | Jon Craig
Cops Seized Journalist’s Phone to Out Whistleblower | Press Gazette
Chuka’s £2,500 Tax Avoidance Donation | Times
Another BBC Stitch Up? | David Keighley
Divided, Pessimistic Tories Expect Defeat | Alex Wickham
Labour Suspends Rotherham Council Members | Sky
PM Used Terror Crisis to Deflect From Carswell | Rachel Sylvester


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