Earlier today I saw a link about a “Parliamentary motion against tax havens in the UK” (or similar) flash by, possibly via twitter, and made a note to look into it. Although now I can’t find that source any more, based on the information available on the UK Parliament website it’s not that exciting anyway. I’m only sharing it as a possible indicator of the current level of interest among British MPs for the tax havens issue. To know the answer, please read on.
The motion turned out to be something called an Early Day Motion: “EDMs are formal motions submitted for debate in the House of Commons. However, very few are actually debated. EDMs allow MPs to draw attention to an event or cause. MPs register their support by signing individual motions.”
The early day motion on tax havens was tabled by 4 MPs and asks for clarification “as a matter of urgency” on several highly relevant areas including beneficial ownership registries and the role of British Overseas Territories, calls for government action, etc.
So far the only signatories are the 4 MPs who proposed the motion. In comparison, an early day motion from the day before congratulating the City of Newcastle Pipe Band has 14 signatures.
In any case: @ MPs Bottomley, Durkan, Godsiff and Russell: thank you, and please keep it up.