British Virgin Islands Accuse Hypocritical Hodge of “Colonialism”

Tax hypocrite Margaret Hodge took a kicking from Lorna Smith of British Virgin Islands Finance on the Today programme this morning, who accused the Labour grandee of “colonialism” for attempting to force them to introduce public ownership registers. Hodge’s amendment, backed by Corbyn, is in the Commons today. Well worth a listen to hear Hodge skewered…

As Guido has chronicled, Hodge had a £1.5 million shareholding in 0.01% tax rate-paying Stemcor. 96,000 Stemcor shares awarded to Hodge in 2011 came from the tax haven of Lichtenstein. Now she is attempting to enforce “colonialist” tax avoidance measures on the British Virgin Islands. You don’t get more hypocritical than that…




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Dominic Raab wrote in his letter of resignation…

“This is, at its heart, a matter of public trust,” he told the PM, concluding: “I cannot reconcile the terms of the proposed deal with the promises we made to the country in our manifesto at the last election… I believe that the regulatory regime proposed for Northern Ireland presents a very real threat to the integrity of the United Kingdom. I cannot support an indefinite backstop arrangement, where the EU holds a veto over our ability to exit…”

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