Tax Avoidance (HSBC) Debate

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Department: HM Treasury
Monday 9th February 2015

(9 years, 3 months ago)

Commons Chamber
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David Gauke Portrait Mr Gauke
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My hon. Friend is more worldly than I am, perhaps, but he raises an important point. We have tried to do many things to reduce tax avoidance and evasion, but I accept that we have not been able to go back in time and stop it happening before we came to office.

Kevin Brennan Portrait Kevin Brennan (Cardiff West) (Lab)
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Ten years ago, when the Minister’s party was in opposition, Conservative Members, including the Chancellor, were calling for less, not more, regulation of the banks and the City. Will Lord Green be at the Tory party’s black and white ball tonight for the uber-rich, and will the Minister advise Lord Green, if he has any spare cash, to donate it back to the taxpayer, instead of to the Tory party?

David Gauke Portrait Mr Gauke
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I think the hon. Gentleman has just made the point that my hon. Friend the Member for Wellingborough (Mr Bone) raised in the previous question.