Tag Archives: draft financial services bill

Opinion: David Laws takes another step on the road to redemption

Last night, despite the rather unpleasant efforts of a handful of Labour backbenchers to throw stones from an already rather damaged greenhouse, the House of Commons overwhelmingly passed a motion proposing six members to form the Joint Committee to scrutinise the draft Financial Services Bill.

Usually, such motions are passed without a murmur, especially as the nominees are proposed by the various political parties. However, on this occasion, the presence of David Laws, the former Chief Secretary to the Treasury, drew the ire of, amongst others, Thomas Docherty, the Labour MP for Dunfermline and West Fife, and John Mann, …

Posted in Op-eds | Also tagged , , , and | 27 Comments
Advert

Recent Comments

  • Peter Martin
    @ Paul, I accept you are agreeing to an extent. A limited extent. "There are ample legal mechanisms for ensuring that the financial settlement with t...
  • Paul WalterPaul Walter
    Peter: “We shouldn’t tolerate the term “Crown Dependency” being a synonym for “tax haven”.” I don’t know whether you are actually reading my ...
  • David Raw
    I rather thought the 3rd Duke and Duchess of Atholl sold the Isle of Man's feudal and sovereign rights in 1765 for £70,000 via the Isle of Man Purchase Act 176...
  • Roland
    @Peter Martin - I was responding to the curved ? ball Jeff throw out about Motability: If they can't charge VAT then its okay to reclaim the VAT rather than sim...
  • Peter Martin
    @ Simon, "Low earners on the IOM pay tax at 21% compared to – I think – 20% in the UK" I don't know where you get your IOM figure from. It is easy eno...