Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 17 June 2025 to Question 60696 on the Loan Charge, which loan charge campaigner recommended Mr Ray McCann to lead the independent review.

Prior to the 2024 general election, the Chancellor committed to an independent review of the Loan Charge. Following the election, I began pursuing this matter on her behalf, and met with campaigners, tax experts, and some of those affected.

Mr McCann was suggested as a potential reviewer at a meeting on 23 July 2024, to which I invited stakeholders who have campaigned on the issue. The meeting was attended by the hon. Member for Mid Buckinghamshire (Co-Chair of the Loan Charge and Taxpayer Fairness All-Party Parliamentary Group), Keith Gordon (a tax Barrister), Sarah Gabbai (a tax lawyer) and representatives from the Loan Charge Action Group.