02Feb 2022 by Sam Al-Hamdani
Finance Bill: Enough is enough on dirty Russian money

Finance Bill: Enough is enough on dirty Russian money

Parliamentary news
Liberal Democrat MP Layla Moran is today leading a cross-party grouping of MPs supporting an amendment to the Finance Bill making the case for a Register of Beneficial Ownership - a key step in combating the flow of Russian dirty money in the UK. The amendment has received high profile support from all main parties, including Conservative MPs Sir Iain Duncan Smith and Kevin Hollinrake; Labour’s Dame Margaret Hodge and Ben Bradshaw; and the SNP’s foreign affairs spokesperson Alyn Smith. The amendment is the latest attempt by MPs to push the Government to finally legislate for a register. Last month, Layla Moran MP tabled the Registration of Overseas Entities Bill, which also received cross-party support and is due to receive its second reading on 18th March. A register of foreign…
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11Feb 2021 by Sam Al-Hamdani
UK recovery damaged by Amsterdam taking London’s crown

UK recovery damaged by Amsterdam taking London’s crown

Parliamentary news
Responding to the news that Amsterdam has overtaken London as Europe's share trading hub, Liberal Democrat Treasury Spokesperson Christine Jardine said: “The news that Amsterdam has taken London's crown as Europe's leading share-trading hub will send shockwaves through the economy. "As well as the immediate impact on jobs in London this will have a profound effect on a vital UK industry. Our financial services industry creates hundreds of thousands of jobs across the country and contributes more than £70 billion of tax revenue - that is money we need to invest in a strong recovery. "The costs of Boris Johnson's botched trade deal with the EU are now mounting up. It is vital to the UK's recovery that the Prime Minister gets back around the negotiating table and secures a…
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11Jul 2019 by Sam Al-Hamdani

Lib Dems deliver on fair tax

Borough news
This week is Fair Tax Week (6–14 July) and Liberal Democrat Councillor Chris Gloster used the occasion to deliver a motion at Oldham Council (10 July) which called for the Council to sign the Fair Tax Declaration.  The successful motion called for action on corporate tax avoidance, making contractors who supply goods and services to public authorities pay their fair share of tax. Councillor Gloster was backed by his colleague, Louie Hamblett, Councillor for Crompton. Chris, as the Council’s Shadow Cabinet Member for Finance, is a strong believer that businesses should act responsibly and pay their fair share of tax to finance public services.  Chris said:  “Corporate tax, like personal income tax, funds the essential public services like health, education, policing, social care and highway maintenance we all rely upon. …
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