Tag Archives: tax avoidance

• Government needs to “put Thames Water out of its misery” with special administration
• Lib Dems demand new measures to cut Russian oil and gas profits as “drop in the ocean” oil cap cut falls short
• Davey responds to latest on Rayner stamp duty
• Rennie drags ministers to Parliament over their Gupta deals
• Cole-Hamilton comments on PVG checks for politicians
• Calls for new Dŵr Cymru CEO to rule out supporting water privatisation in Wales

Government needs to “put Thames Water out of its misery” with special administration

Responding to the announcement by Thames Water creditors of rescue plans to bring in £20.5 billion of private investment, Charlie Maynard, Liberal Democrat MP for Witney, stated:

To present this as a solution is the worst sort of joke – and it’s at the expense of 16 million customers with the misfortune to have Thames Water as our monopoly supplier. Throw in Ofwat continuing to go easy on the company paying its fines for polluting our rivers and you have enough to make us all throw up.

This is just more of the same. The Government needs to get a grip and bring this horror show to an end – Special Administration is what’s needed to put Thames Water out of its misery.

Lib Dems demand new measures to cut Russian oil and gas profits as “drop in the ocean” oil cap cut falls short

• The Liberal Democrats have launched a new package of proposals to cut Putin’s war chest, including a ban on UK imports of products processed from Russian oil in third countries

• The party is also calling for a ban on UK companies shipping or insuring Russian liquified natural gas (LNG), as well as a further cut to the oil price cap. Together, these measures could cost the Kremlin millions in profits which would otherwise fuel Putin’s barbarism in Ukraine

• The demands coincide with the Russian oil cap cut coming into effect today, which the party has called a “drop in the ocean” compared to what action is needed.

The Liberal Democrats are calling for a comprehensive new package of measures to hit Putin’s coffers as the Russian oil cap cut comes into effect.

Liberal Democrat Defence spokesperson Helen Maguire called today’s reduction in the price cap for Russian oil to $47.60 per barrel a “drop in the ocean” in the fight against the Kremlin.

This comes as her party launches a suite of policies aimed at doing much more substantial damage to Putin’s profits, and as the Kremlin continues to escalate its barbaric assault on Ukraine.

The Liberal Democrats have demanded a further cut to the oil price cap to just $30 – a move which could cut Russian revenues by a further 10% – as well as a ban on UK imports of petroleum products processed from Russian oil in third countries.

Currently the UK still imports oil products processed from Russian oil, despite a ban on directly importing Russian oil and oil products introduced in December 2022. Think tanks suggest that the Kremlin has benefitted to the tune of £510 million in tax receipts thanks to this loophole – with the Lib Dems demanding it be closed.

The calls form part of a wider range of new measures proposed by the party, including a proposal to ban the provision of all UK maritime services for Russian LNG, including its transport and insurance.