Results 1–20 of 7311 for speaker:Margaret Hodge

Written Answers — Foreign and Commonwealth Office: British Overseas Territories (17 Jul 2018)

Margaret Hodge: To ask the Secretary of State for Foreign and Commonwealth Affairs, whether the Government plans to change the constitutional arrangements between the UK and the British Overseas Territories.

Tributes: Baroness Jowell (14 May 2018)

Margaret Hodge: I first really got to know Tessa when we were both very pregnant—I with my last child, and she with her first, Jessie. In those days, we did try to cuddle each other, but we were both slightly vertically challenged, so with these big bellies, it was—

Tributes: Baroness Jowell (14 May 2018)

Margaret Hodge: It was jolly hard to get your arms around her, but that was what you always wanted to do with Tessa: you did want to give her a cuddle. I remember the early days of our relationship, when we would spend the time talking about nappies and sleepless nights on the one hand, and on the other discussing how we would make Labour electable and our latest very good idea. That was her, really; as my...

Sanctions and Anti-Money Laundering Bill [Lords]: Periodic reports on exercise of power to make regulations under section 1 (1 May 2018)

Margaret Hodge: I completely concur with the point made so forcefully by my hon. Friend. No doubt that will be subject to further campaigns for a change in legislation over the coming period.

Sanctions and Anti-Money Laundering Bill [Lords]: Periodic reports on exercise of power to make regulations under section 1 (1 May 2018)

Margaret Hodge: I welcome the contribution from our anti-corruption champion—the hon. Gentleman was appointed by the Government to fulfil that role. Indeed, he is right, but I hope that he will work with me and others in ensuring that we get better coverage for the public registers. However, that should in no way limit what we are attempting to achieve today, which will be a remarkable, important and...

Sanctions and Anti-Money Laundering Bill [Lords]: Periodic reports on exercise of power to make regulations under section 1 (1 May 2018)

Margaret Hodge: I simply draw the attention of the hon. and learned Gentleman to what his Government stated in 2012 in the White Paper. In that White Paper, they set out the fact that they were jealously guarding their right to legislate as and when that became appropriate. That is what his Government said in 2012.

Sanctions and Anti-Money Laundering Bill [Lords]: Periodic reports on exercise of power to make regulations under section 1 (1 May 2018)

Margaret Hodge: I thank the hon. Gentleman for his intervention. For the sake of clarity, let me just say that, in the past, Conservatives have used this power when they legislated to ensure that capital punishment was abolished in all our overseas territories. A Labour Government used the power to ensure that we brought to an end discrimination on the grounds of sexuality in our overseas territories. One of...

Sanctions and Anti-Money Laundering Bill [Lords]: Periodic reports on exercise of power to make regulations under section 1 (1 May 2018)

Margaret Hodge: I completely concur with the right hon. and learned Gentleman’s succinct remarks. People have said to me that the areas in which we have intervened—we do intervene with huge reluctance—are moral issues. I cannot think of another issue that is more moral than trying to intervene to prevent the traffic in corrupt money and illicit finance across the world.

Sanctions and Anti-Money Laundering Bill [Lords]: Periodic reports on exercise of power to make regulations under section 1 (1 May 2018)

Margaret Hodge: Absolutely. That is why the Magnitsky amendment, which we have just passed, is absolutely central to our proceedings and legislation on anti-money laundering.

Sanctions and Anti-Money Laundering Bill [Lords]: Periodic reports on exercise of power to make regulations under section 1 (1 May 2018)

Margaret Hodge: The truth is that the traffic in illicit money has an impact not just on people here in the UK—for example, through the acquisition of properties here—but worldwide. We see that in the losses in tax revenues, particularly to the poorest developing countries.

Sanctions and Anti-Money Laundering Bill [Lords]: Periodic reports on exercise of power to make regulations under section 1 (1 May 2018)

Margaret Hodge: I do not think that the hon. and learned Gentleman and I are going to agree. I am going to make some progress because I know that other Members wish to say certain things. Openness and transparency do not stop the overseas territories from choosing to try to compete on tax. Although I would not approve, they can all set a corporation tax rate of zero. If they believe that that is a way of...

Sanctions and Anti-Money Laundering Bill [Lords]: Periodic reports on exercise of power to make regulations under section 1 (1 May 2018)

Margaret Hodge: Let me start by saying how grateful I am to all right hon. and hon. Members from all parties who support new clause 6. I am particularly grateful to the right hon. Member for Sutton Coldfield (Mr Mitchell), who has worked with me on this important issue and shown his particular skills and experience as a former Government Chief Whip. The fact that the new clause commands such wide support...

Sanctions and Anti-Money Laundering Bill [Lords]: Periodic reports on exercise of power to make regulations under section 1 (1 May 2018)

Margaret Hodge: Open registers are an essential tool. They are necessary, but they are not sufficient. We also need a strong regulatory framework for the establishment of companies and strong policing arrangements to ensure that the regulations are implemented.

Sanctions and Anti-Money Laundering Bill [Lords]: Periodic reports on exercise of power to make regulations under section 1 (1 May 2018)

Margaret Hodge: I thank my hon. Friend for his kind words, but it really has been a team effort, with people from throughout the House and across all the political tribes. New clause 6 would simply put into legislation proposals that David Cameron first articulated in 2013, when he spoke about ripping aside the “cloak of secrecy” and repeated the well-known mantra, “sunlight is the best...

Sanctions and Anti-Money Laundering Bill [Lords]: Periodic reports on exercise of power to make regulations under section 1 (1 May 2018)

Margaret Hodge: I entirely concur with my right hon. Friend’s important point. Let me take Members through the argument, because it is important that we understand what we are dealing with. First, on the scale of the problem we are tackling, the National Crime Agency reckons that around £90 billion a year is laundered through the UK. We know that developing countries lose three times as much in...

Military Action Overseas: Parliamentary Approval: Anti-Semitism (17 Apr 2018)

Margaret Hodge: I was born in Egypt in the last year of the second world war as Jews were being exterminated in Hitler’s gas chambers. I grew up thinking that we would never forget, yet more than 70 years later here we are debating the issue. Anti-Semitism exists across Europe and across the political spectrum, but I never ever thought that I would experience significant anti-Semitism as a member of...

Money Laundering (19 Mar 2018)

Margaret Hodge: I acknowledge that the Government have taken some steps, but I put it to the Minister that they have not taken enough. Others have raised the issues of property and of our tax havens, and I want to raise another issue with the Minister, which is the tier 1 investor visas—the golden visas. Anybody who wants one of those visas needs to demonstrate they have £2 million that they wish...

Salisbury Incident: Further Update (14 Mar 2018)

Margaret Hodge: I welcome the Prime Minister’s clear statement, her condemnation of the Russians and the action she has taken. In particular, I welcome the fact that the Government are adopting the Magnitsky amendment. Too much money laundered out of Russia is finding its way into the British system. There are two things she could do pretty quickly which would help to tackle that. First, she could...

Written Answers — Home Office: Companies: Guernsey (27 Feb 2018)

Margaret Hodge: To ask the Secretary of State for the Home Office, whether Guernsey has introduced a private register of beneficial ownership.

Written Answers — HM Treasury: Corporation Tax (26 Feb 2018)

Margaret Hodge: To ask Mr Chancellor of the Exchequer, how many inquiries were raised into the corporation tax returns of companies submitted in each (a) 2012-13, (b) 2013-14, (c) 2014-15, (d) 2015-16 and (e) 2016-17; how many of those resulted in additional tax being due in each year; what that sum of additional tax due was by tax year; and what part of that additional tax due was paid by in each tax year.


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