Hodging Her Bets

“Are you lying to your shareholders” barked Margaret Hodge as she had her moment in the limelight chairing a Public Accounts Committee hearing this afternoon with representatives Google, Starbucks and Amazon – three global companies that pay huge amounts of tax in the UK, but perfectly legally and sensibly reduce their tax bills.

Hodges’ mock incredulity, amateur dramatics and Vaz-esque playing to the camera would have carried more weight if she had not been busted over the weekend profiting as a shareholder from her family firm that paid just 0.01% tax in the  UK last year. Were Stemcor’s directors lying to her as a shareholder? Or is Hodge just a spectacular hypocrite?


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Quote of the Day

Lucy Allan explains her positive comments about the Brexit Party…

“If EU elections are held, Leave supporting voters will want to vote for Leave supporting candidates… Usual party loyalties will be eclipsed by the Leave v Remain divide. It’s good to see strong candidates in the Leave camp. However, I sincerely hope we leave the EU before these elections are held so that we can move on and not waste time and money on unnecessary EU elections.”

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