Point of Order

– in the House of Commons at 2:51 pm on 13th March 2019.

Alert me about debates like this

Photo of Tom Brake Tom Brake Liberal Democrat Spokesperson (International Trade), Liberal Democrat Spokesperson (Exiting the European Union) 2:51 pm, 13th March 2019

On a point of order, Mr Speaker. We are soon to start a debate on the subject of a no-deal Brexit. It may be that some Members have business interests that might benefit from a no-deal Brexit, such as companies involved in shorting the pound or the value of shares, or that might have secured payments from companies that are enthusiastic backers of a no-deal Brexit. How would you advise that those Members declare their interests?

Photo of John Bercow John Bercow Speaker of the House of Commons, Chair, Speaker's Committee on the Electoral Commission, Chair, Speaker's Committee for the Independent Parliamentary Standards Authority, Chair, Commons Reference Group on Representation and Inclusion Committee

I am grateful to the right hon. Gentleman for his point of order. The short answer is that the registration of interests is a matter for the judgment of each individual Member; no precise advice can be given to cover every eventuality. Whenever I am asked by Members for my advice, I say: if in doubt—if there is uncertainty, if they think someone might subsequently criticise—it is better to err on the side of over-declaration than of under-declaration. That has been my own philosophy, and I would commend it to colleagues. I hope that that is helpful.