Oral Answers to Questions

Seema Malhotra Excerpts
Wednesday 23rd October 2013

(10 years, 6 months ago)

Commons Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
John Bercow Portrait Mr Speaker
- Hansard - - - Excerpts

Order. I let it go the first time, but the word “conman” is, frankly, unparliamentary; the Prime Minister is a man of great versatility in the use of language and it is a bit below the level. We will leave it there.

Seema Malhotra Portrait Seema Malhotra (Feltham and Heston) (Lab/Co-op)
- Hansard - -

Q5. Yesterday, The Independent reported the Government’s failure to close the quoted Eurobond tax loophole, which could be losing the Exchequer £500 million a year. Has the Prime Minister ever been lobbied on the loophole? Will he now pledge to close it immediately?

Lord Cameron of Chipping Norton Portrait The Prime Minister
- Hansard - - - Excerpts

To my memory, I have never been lobbied on this particular issue. I looked at it this morning. The Treasury has listened very carefully to the arguments and has made the decisions for the reasons that the hon. Lady knows.