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

Jo Swinson on Chris Rennard…

“Vince — and Tim before him — have repeatedly, publicly said Rennard is not welcome anywhere near their frontbench team, even as an adviser. I remain deeply frustrated that he was not expelled from the party through its disciplinary process. It just feels wrong, and I do not want Lord Rennard to continue as a member of the party. As far as I am concerned, he is not welcome.”

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