← LEADERSHIP TERMINAL

UK PARLIAMENT · SITTING

Phil Brickell

MP for Bolton West · Labour · United Kingdom

IN THEIR OWN WORDS

“On the occasion of the then Mayor of Greater Manchester, now the Prime Minister, visiting my constituency, I was proud to host him in Blackedge’s Brewery Tap on Market Street in Westhoughton.”

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“My hon. Friend has spoken very passionately about the experiences of her constituents. My constituents have faced issues in which they have had mail only once every three or four weeks; one constituent did not receive 14 items of post.”

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“My hon. Friend is making a passionate contribution about the experience of her constituents and the real-life impact of Royal Mail’s failures. Does she agree that this is yet another prime example of why it is important to properly regulate a public service?”

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“With about 800 peers— 800—the House of Lords is larger than almost every comparable second chamber in the democratic world. When people talk about a bloated state, perhaps they should start by walking through Westminster Hall and turning right at Central Lobby.”

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“It is a pleasure to serve under your chairship, Sir John. First, I thank my hon. Friend the Member for Stroud (Dr Opher) for securing this critical debate. He has been a champion in pursuing long overdue reform to the upper Chamber.”

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“Elsewhere, what progress has been made on the Government’s three other manifesto commitments: first, introducing new participation requirements; secondly, delivering a national and regional balance for the upper Chamber; and finally, and most importantly, reforming the appointments process?”

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The complete record

657 held · 627 searchable for Phil Brickell. The searchable lines are below in date order, each linked to its source. Free to read, in full, without an account. Page 7 of 10.

This is not an official version of UK Parliament proceedings. It reproduces the published record and links to it; the official version is the one UK Parliament publishes.

  1. “] I ask those Opposition Members who are chuntering: where were you when those 11 rounds of negotiations took place? I know that two years is a long time in politics, but have you already forgotten—”

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  2. “Those kinds of reckless throwaway remarks undermine the United Nations’ highest judicial organ. She mentioned that we are a permanent member of the UN Security Council. There are judges sitting in the ICJ who are elected by members of the General Assembly, and through the Security Council. Although we have had judges sitting in that international court since its inception, we have not since 2018, which is a source of much shame for the country at large. I hope that she will take back those remarks denigrating the international system of law that underpins our international work. Let us not forget, after all, that in the 1940s, the United Kingdom was the first country to submit a case for arbitration by the ICJ. [ Interruption.”

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  3. “I will make some progress, if I may. I wanted to intervene on Opposition Members earlier, but was not allowed to. It was the Conservatives who rightly described the situation in 2022 as unsustainable, and it was they who held 11 rounds of talks on sovereignty. In 2023, when he was Prime Minister, the right hon. Member for Richmond and Northallerton (Rishi Sunak) said that he wanted to conclude a deal soon. At the time, when they were in government, Conservative Members recognised that the base’s legal status was under serious threat, and that an interminable sovereignty dispute risked paralysing operations. Let me make a quick point about international law. In reflecting on the ICJ advisory opinion, the right hon. Member for Witham (Priti Patel) said that it is an international court that few have heard of.”

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  4. “For a fraction of our defence budget, we will secure a cornerstone of global stability. Let us not forget that the agreement will have an average annual cost that represents 0.008% of total Government spend, according to the Government Actuary’s Department.”

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  5. “There will be a robust mechanism to prevent interference, and for the first time, Mauritius has agreed back the base’s operations. That is a huge strategic win. What about cost? Let us get this clear, because some of the disinformation coming from the Conservative party is concerning; it is unnecessarily setting hares running about the future of other British overseas territories, including the Falkland Islands and Gibraltar. The overall cost has not changed from that negotiated with the former Mauritian Prime Minister, and suggestions to the contrary are simply false. When set against the cost of inaction, the financial component is modest. It is far cheaper than the spiralling costs of legal uncertainty, and far cheaper than the price we would pay if Chinese expansionism went unchecked in the Indian ocean.”

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  6. “Thank you, Madam Deputy Speaker. Labour has finished what the previous Government started—what was left to us after former Prime Minister Liz Truss let the genie out of the bottle in starting negotiations with Mauritius in 2022. That was reported, and much maligned, by Matthew Parris in The Spectator at the time—let us not forget that. This Government have sought to strike a deal in Britain’s best interests, given the legal mess that they inherited. Let us be clear: this agreement secures the future of the Diego Garcia base. Britain retains control of the base, as the Minister confirmed in response to my intervention near the start of the debate. There is a protective buffer zone, and no foreign security forces will be on the outer islands.”

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  7. “For a small cost, we have achieved a huge strategic win. That is why I am proud to support this Bill, and I will vote with the Government tonight.”

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  8. “I will read out a part of it that I am gobsmacked nobody has picked up on in this debate: “because the reason for the UK-Mauritius Treaty and for bringing forward this Bill follows a judgment from the International Criminal Court, from which the UK does not recognise judgments as binding, only advisory”, they will oppose this Bill. I want Reform to answer: which case before the International Criminal Court is it referring to? Is Reform suggesting that, were it to come to power, it would not recognise the binding judgments of the International Criminal Court? Will it take us out of the ICC? Unfortunately, Reform Members are not here to respond. The Conservatives opened the door to this treaty. Labour inherited a legal mess, but it has delivered a deal in the long-term national interest.”

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  9. “Who would that benefit? I put that to Conservative Members, but I will give them a clue: it is not Britain, and not Britain’s allies. This deal secures Diego Garcia, cements our role in the Indo-Pacific, strengthens our ability to push back against Chinese influence, and shows that Britain is a dependable ally that takes national security seriously. I wish to make a closing remark on the reasoned amendment by the Reform party, in the names of the hon. Members for Clacton (Nigel Farage), for Boston and Skegness (Richard Tice), for Runcorn and Helsby (Sarah Pochin) and for Ashfield (Lee Anderson), who seem not to be present.”

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  10. “We have the largest increase in the defence budget since the cold war; we are rebuilding alliances that previous Governments wantonly vandalised; we are acting where there was dither; we are governing in the national interest; and, importantly, we are securing the long-term future of the Diego Garcia base. It is clear that a binding adverse judgment against the UK was inevitable. Since 2015, 28 international judges have expressed views on Chagos sovereignty. That was under the previous Government, and not one of those 28 judges backed Britain’s claim. Without an agreement, our ability to operate the base would have been compromised. Overflight clearances would have been at risk, contractor access would have been uncertain, communications would have degraded, costs would have soared, and investment would have fallen.”

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  11. “I am sure that the Minister will come to that in his closing remarks. I have to concur with other Members that the way the Chagossians were treated in the ’60s and ’70s was utterly shameful. I am proud that there will be rights of return, and the ability to visit. Conservative Members claim to be the champions of defence, but that is not borne out by the facts, which include an 18% cut in defence spending in their first five years in government, and their shrinking the Army to its smallest size since the Napoleonic era. In how many years out of 14 was the target of 2.5% of GDP spent on defence hit? Zero. They should not lecture Labour Members on national security. The Government’s plan is straightforward, transparent and serious.”

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  12. “On behalf of my 403 constituents in Bolton West who signed the petition, I join colleagues in urging the Government to exempt BNO Hongkongers from any extension of the settlement period in their forthcoming immigration plan, to keep our promise and to keep Britain’s word.”

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  13. “I recently had the pleasure of hosting a number of my constituents from Hong Kong at a Bolton Wanderers match. For the record, the mighty Wanderers crushed Bristol Rovers 1-0. Even colleagues with limited knowledge of football will know that if someone had moved the goalposts at half time, it would have caused chaos. The same principle applies here. Hongkongers quite rightly expect us to keep our word. When we made this promise, we said to Hongkongers, “This is your lifeline. This is your chance.” To change the rules at half time would betray not just them, but the trust that underpins all immigration policy. In conclusion, let us get immigration under control, let us smash the gangs, let us back the Government’s plan to reduce irregular migration, but let us also keep faith with those who came here this way.”

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  14. “For people to have to deal with all that while their very right to stay in their home, at school or in work is thrown into jeopardy is not fair in any way whatever. I am particularly concerned about the impact that these proposals would have on the lives of young Hongkongers. Currently, under the five-year pathway, students can qualify for home fee status at university after settlement. Stretching that to 10 years would mean a whole generation facing prohibitively high international fees that they simply have not planned for. Families who have already sacrificed so much would see their dreams simply vanish. Several Members today have used the analogy of moving the goalposts. If you will indulge me, Mr Pritchard, I will mention it as well.”

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  15. “That is the reality of transnational repression. Transnational repression takes other forms with which we have to get to grips. The journalist Calum Muirhead has reported in This is Money on how Hong Kong exiles here are being denied access to more than £1 billion of their own pensions, as other hon. Members have mentioned. In total, up to £3 billion of retirement savings cannot be accessed until families secure indefinite leave to remain. That is money that could be spent in local shops, backing Bolton businesses, or be put towards children’s futures. The banks responsible for holding these pensions need to step up, do the right thing and release hard-earned pensions back to those who have earned them.”

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  16. “It restored their freedom of speech, which is no longer possible in Hong Kong without fear of repercussion. I am proud that my constituent, like many other Hongkongers, chose Bolton West as their home. Many of my Hongkonger constituents have bought homes, sent their children to our schools, set up businesses and taken up jobs in the constituency. They are not here to take; they are here to give, to build and to belong. But when I speak to many of these families, it is clear to me that they live under a shadow. We have all read about activists in Britain, such as Carmen Lau, who now has a $1 million bounty on her head from the Hong Kong authorities. Imagine trying to rebuild a life in Horwich, Lostock or Westhoughton while being hunted by an authoritarian regime on the other side of the world.”

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  17. “This is a safe and legal route, rooted in our history and our reputation as a global leader in human rights and democracy. When Beijing ripped up its promises to Hong Kong, this country stepped up. We told Hong Kong families, “If you come here legally, play your part, integrate into your community and contribute for five years, you can make Britain your permanent home.” That seems like a fair deal to me. I would like to take a moment to share a personal story from a constituent who wishes to remain anonymous. My constituent was a teacher in Hong Kong for more than 20 years, but new laws designed to crack down on criticism of the regime meant that the genuine critical thinking that my constituent was trying to impart to their students was no longer possible. They took up the BNO visa in 2021 to start a new life.”

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  18. “It is a pleasure to serve under your chairship, Mr Pritchard. I thank my hon. Friend the Member for South Norfolk (Ben Goldsborough) for opening the debate. I will focus on the issue of BNO visas; I declare an interest as a member of Labour Friends of Hong Kong. I have 403 constituents in Bolton West who signed the petition to keep five-year ILR terms for Hong Kong British national overseas visa holders. Those 403 people are asking us to keep faith with Hongkongers who came here under certain promises, and they are right to make that demand. To be clear, I back the Government’s immigration plan. We must reduce irregular migration, stop the dangerous small boats crossings and build a fair system that works for the law-abiding majority. Bolton West backs secure borders, but my constituents also know that the BNO visa issue is different.”

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  19. “My constituents in Horwich are gravely concerned about unsuitable family homes being repurposed into houses in multiple occupation with little transparency about who is being housed there and when. To my immense frustration as the local Member of Parliament, I often hear about such proposals on social media, which all too often runs rife with false information. Will the Leader of the House allow Government time for a debate on why companies such as Serco do not proactively tell Members of this House where individuals, including asylum seekers, are being placed, so that instead of conjecture, the truth can prevail.”

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  20. “The Father of the House mentions Conservative party policy in the 1920s and 1960s. Maybe he can recall better than me, but I do not believe there was any mention of House of Lords reform in the Conservative party general election manifesto last year. Will he illuminate the House on Conservative policy on reforming the other place?”

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  21. “In fact, were the changes to come into effect, the Conservative peers would still be the largest group of all the parties in the other place—larger even than the Cross Benchers. The Conservatives would see a minor reduction in composition from 34% to 32%. The Father of the House, the right hon. Member for Gainsborough (Sir Edward Leigh) mentioned that he is not supportive of an elected upper Chamber. I am still at a loss about exactly what a gradual change in the composition of the upper House means.”

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  22. “It is incompatible with the Labour party’s values and anathema to the values of the British people in 2025. Of course, the Conservative party will resist. We have already heard diversionary tactics today, with talk about the Blair Government’s reforms in 1999, when we all know that previous Governments do not bind the hands of future ones. We have heard about next steps and whether a statutory Committee or a Select Committee is the right thing to do. Having asked the Opposition about their official policy, I am still unaware what it is. Indeed, we heard from the shadow Chancellor of the Duchy of Lancaster, the hon. Member for Brentwood and Ongar (Alex Burghart) about his concerns that this is all a numbers game. I remind him that UCL’s constitution unit has done the maths.”

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  23. “I will start by setting out some context for why the Bill, though small, is so important and why I am delighted to be speaking in its support. I will then address Lords amendments 1, 3 and 8 directly. As has been mentioned in the debate, in 2024, Labour promised to end the right of hereditary peers to sit and vote in the other place. In 2025, that is exactly what the Government are delivering, and not a moment too soon. The principle at stake here is simple, and it is about the principle, not the process. No one should make laws for the British people, claim a daily allowance or influence the future of this country purely on the basis of who their great-great-grandfather was. In my estimation, that idea belongs in the history books, not in a modern democracy.”

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  24. “My hon. Friend makes an excellent point. That is exactly the concern that I and many Members on the Government Benches have. Long-standing reform is well overdue. We also heard about the principle of monarchy, and mention was made of constitutional monarchies.”

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  25. “The record speaks for itself: not a single female hereditary peer has been elected in 66 years, over a third of hereditary peers are concentrated in London and the south-east, and by-elections are so farcical that they verge on satire. By-elections are in scope of Lords amendment 1, which I will come to shortly. My electorate in Bolton West is about 76,000 electors. In July last year, 17,363 people voted to elect me as their MP in order to give them a voice in this Chamber. But in 2018 one hereditary peer was elected with a dozen votes—fewer than it takes to become a parish councillor.”

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  26. “Thank you, Madam Deputy Speaker. I will come to the amendments very shortly. Mention was made of constitutional monarchies. A number of European countries have constitutional monarchies that have a hereditary principle, but none of them has hereditary Members in their Parliaments. Mention was also made of the hereditary principle for parliamentarians being somewhat unique, and of the principle of mandatory retirement at a certain age—indeed, the right hon. Member for South Holland and The Deepings (Sir John Hayes) mentioned it. Of course, that principle also exists in the judiciary, and I do not see any objection there from a human rights perspective. UCL’s constitution unit found that a clear majority of the public—60%—want hereditary peers gone for good. Who can blame them?”

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  27. “They have all produced lawmakers by accident of birth, and that is the principle to which I and many Members on the Labour Benches object. That is why I will be voting against the Lords amendments today.”

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  28. “My hon. Friend makes a very good point; indeed, he talks of one of my all-time favourite comedies. It speaks to the need for drastic reform of the other place, which is long overdue. In a Tory by-election in the other place, another peer asserted that fellow Members should vote for him because he “races on the Solent and gardens enthusiastically”. The electorate for that vote were a grand total of 43. These are not truly democratic contests. They do not seek to promote those with the very best talent and expertise to serve this country. Such by-elections lack the fundamentals of what should be at the heart of this mother of Parliaments: transparency, accountability and scrutiny. Since 1999, there have been over 30 of these bizarre contests, all with vanishingly small electorates—a process that is, frankly, long overdue reform.”

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  29. “If we want to honour people’s contributions, we already have a system for that—the honours process, with knighthoods, CBEs and MBEs—as the Paymaster General stressed. This amendment looks less like reform, and more like a way of preserving influence. We have already seen the pattern with titles handed out as bargaining chips or rewards for party donations. This debate has been quite good-humoured, but I do have to flag the Conservative party’s tradition of ennobling its treasurers. I take no pleasure in quoting this, but as one former Conservative party chairman admitted in 2021: “Once you pay your £3 million, you get your peerage.” That is not public service; it is politics for sale, and it is exactly what the public are fed up with. In summary—”

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  30. “This Bill is not an attack on individuals; it is an attack on the medieval principle of privilege by birth. No one should sit in our Parliament because of the deeds of their ancestors centuries ago. Lords amendments 1 and 8 are not about accountability and they are not about democracy. They are patronage dressed up as Parliament, and the Conservatives, in 14 years in office, did absolutely nothing to change the hereditary principle. Lords amendment 3, from the noble Lord True, is about so-called non-sitting peerages. Let us be clear: peerages should not be sinecures. If the idea is simply to allow hereditary peers to retain their titles without sitting, what social value does this amendment provide?”

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  31. “Conservative colleagues have ample opportunity this afternoon to confirm that they respect that constitutional convention, and I wait with bated breath to hear them speak to that, but we cannot scrap only the by-election process. As I say, it is the principle of hereditary peers that is so objectionable, which is why I will be voting to make sure that this Bill gets on to the statute book. Many hereditary peers have made valuable contributions —I have worked alongside some already in the short amount of time I have spent in this place—but those who want to continue serving can and should do so on merit. They can stand for elected office, they can be nominated for life peerages, and HOLAC can continue to recommend strong Cross-Bench candidates.”

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  32. “The right hon. Member will have heard me mention previously that previous Governments do not bind the hands of future Governments, and that this Bill was a manifesto commitment last year. That leads me on to the amendments that have come back from the other place. Lords amendments 1 and 8, tabled by the noble Lord Parkinson, propose ending the by-elections for hereditaries but retaining the current cohort. The amendments would hollow out the Bill and perpetuate the very problem that we are trying to fix. I urge colleagues in the other House to respect the Salisbury convention, which has already been mentioned today: this House has primacy on election-winning manifesto pledges.”

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  33. “In summary, this Bill is about rebuilding trust in politics. It is about ending practices that belong to the 18th century, not the 21st. It is about showing the British people that Parliament works for them, not the privileged few. Let me also say that this Bill is just the beginning, and I am committed to wider reform of the second Chamber: to improving its national and regional balance; to introducing, yes, a mandatory retirement age; to requiring meaningful participation; and, ultimately, to replacing it with a more modern second Chamber fit for the 21st century. That is the path to a fairer, more accountable and more democratic politics. It is what Labour promised, which is why I am proud to see the Government delivering on it.”

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  34. “On enforcement, does she foresee that the Electoral Commission and the Crown Prosecution Service will require additional resources to fulfil potential obligations under the forthcoming elections Bill?”

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  35. “Having spent more than a decade tackling financial crime before I came to this place, I welcome the Minister’s remarks and the strategy on elections, which will protect our hard-won democracy from foreign interference and which also incorporates demands from the all-party parliamentary group on anti-corruption and responsible tax, along with asks from the Electoral Commission on political finance rules. Does the Minister expect the forthcoming elections Bill to be in force before the local elections next May? Will company donations be permitted only from firms with UK ultimate beneficial owners? What guidance does she envisage being made available to political parties to fulfil their “know your donor” obligations?”

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  36. “I thank the Leader of the House for confirming the recess dates for the next 12 months, which my wife has already messaged me about to say thanks. The Leader of the House will be aware that, despite important draft Government legislation banning single-use vapes, vape shops masquerading as candy stores continue to spring up everywhere across my Bolton West constituency. A new shop has just popped up in Horwich near Saint Joseph’s Roman Catholic high school. The school has done excellent work in tackling vape use among children but it is fighting a rising tide. Will the Leader of the House set aside Government time to debate how the Tobacco and Vapes Bill and other measures are implemented to improve public health and prevent stores from being used as front businesses by organised crime gangs?”

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  37. “As secretary of the all-party parliamentary group on Germany, may I take this opportunity to welcome Monday’s joint chairing of the Ukrainian Defence Contact Group by the Defence Secretary, alongside his German counterpart, Boris Pistorius? I also congratulate the Government on today’s landmark bilateral treaty between the UK and Germany, signed here in London, between the Prime Minister and Chancellor Merz, on mutual defence, security co-operation and industrial collaboration. The treaty demonstrates our determination to stand up to Putin’s continued acts of aggression, wherever they may take place, as well as the Government’s enduring commitment to Ukraine.”

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  38. “In response to an urgent question in April, the Under-Secretary of State for Foreign, Commonwealth and Development Affairs, my hon. Friend the Member for Lincoln (Mr Falconer) confirmed that the London Sudan conference included a commitment from the UK Government to provide a further £120 million of aid for 2025-26 to support 650,000 people, which the Minister referenced earlier. With that in mind, can the Minister today confirm to the House what progress has been made in the intervening few months to ensure that the additional aid reaches the most vulnerable people in Sudan fleeing conflict, sexual violence and famine?”

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  39. “It is a pleasure to speak in the debate, and I do so on behalf of my constituents, who dutifully pay their taxes in the expectation that they will receive a fair deal in return. Today’s motion from the official Opposition implies that the efforts that this Government have undertaken to deliver that fair deal are not in the interests of those constituents. I reject that premise entirely. Instead, Labour in government has constantly and rightly stuck to ensuring that those with the broadest shoulders carry the greatest burden. That approach has secured over £20 billion a year of revenue to pay for schools, the NHS and our national security. The Chancellor has restored responsibility and credibility—”

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  40. “For too long, our tax code allowed the very wealthiest to live in this country and enjoy our services, infrastructure and rule of law but contribute only a token amount to the national purse. That ended, quite rightly, with this Government. The new residency-based regime is a matter of principle: “If you live here, you pay here.” Secondly, we have increased the rate of capital gains tax on share sales—not to punish wealth but to deliver fairness. Many of my constituents contact me to say that they see no reason why wealth—assets, and stocks and shares—should be taxed less than work. There is more to be done on that, but I welcome the measures that the Government have taken so far.”

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  41. “That was the Conservative legacy—a legacy of economic mismanagement and a tax system weighed down by loopholes, complexity and underenforcement, so I will take no lectures on fiscal responsibility from the architects of that wreckage. We on the Labour Benches will not indulge the fantasy that the path to prosperity lies in slashing public services, making unfunded promises and claiming that we can borrow endlessly without consequences. Our constituents deserve better. This Government, led by the Prime Minister and the Chancellor, are getting on with what Labour always provides: a Government of service. First, let me address the abolition of the outdated non-dom regime.”

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  42. “I will make some progress given the time limits that will be put in place on other Members. That finally put us on a strong footing to move on from the irresponsible and reckless chaos of Liz Truss’s mini-Budget and the litany of unfunded spending commitments left behind by the previous Administration, who had no intention of implementing them. I must remind the House of what Labour inherited from the last Government when the Chancellor walked through the doors of No. 11 just over a year ago: a national debt at nearly 100% of GDP—the highest since the 1960s; living standards falling for the first time since the 1950s; anaemic growth that left us second to last in the G7; and the UK as the only G7 country where the employment rate had still not recovered to pre-covid levels by the first quarter of 2024.”

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  43. “That figure—50,000 times £1 million—is almost the size of the entire defence budget in 2023-24. Unlike the dearth of policy proposals from the Conservative party, I constructively implore the Government to continue tackling the enablers of dodgy tax schemes. Firms that promote aggressive tax avoidance schemes will now be held to account with fines of up to £1 million. I welcome that measure in particular.”

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  44. “The hon. Member would do well to listen to what I have to say, and I will come to wealth taxation shortly, but I would appreciate it if she did not take that very condescending tone with me—I spent more than a decade working in the financial services industry myself. These measures have been taken because it is simply the right thing to do. When a nurse in Bolton hospital is paying a higher effective tax rate than someone making millions on property or shares, the system is not just broken; it is unfair. Thirdly, the Government have cracked down on tax-dodging, with more funding for HMRC to go after tax evaders and bring down the stubbornly high tax gap. That gap—the difference between what the Government are owed and what they actually collect—currently stands at almost £50 billion.”

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  45. “As a country, we face enormous challenges: an ageing population, creaking infrastructure, rising global instability and the urgency of the net zero transition. We know that public services are under strain. We need to raise funds in a way that is both fair and that promotes the growth we need to get our country back on its feet after 14 years of Tory decline. Let us be clear: taxation is not merely a tool for revenue but the lifeblood of our social contract, which is why we desperately need a responsible and workable tax system, to ensure that education is a right, not a privilege, that healthcare is free at the point of use and that the most vulnerable in our society are protected.”

    House of Commons15 July 2025Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗

  46. “HMRC is already chronically short-staffed, under-resourced and hamstrung by complexity. Without dismantling the complex web of ultimate beneficial owners, offshore trusts, nominee directors and secrecy jurisdictions, we are at grave risk of opening up a game of whack-a-mole that we would likely see the Government lose to deep-pocketed and well-lawyered high net worth individuals who can run circles around HMRC and law enforcement and secrete their assets elsewhere. My firm view is that the Government should instead crack down on tax evasion, simplify the tax code, streamline existing reliefs and bring capital gains tax levels closer to income tax. The Centre for the Analysis of Taxation estimates that closer alignment of capital gains and income taxes alone could raise some £14 billion for the Exchequer.”

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  47. “I urge the Minister to consider moving to a flat rate model of, say, 30%, independent of income bracket, so that every saver gets equal recognition for securing their own retirement. Finally, with my industry expertise in addressing tax evasion before I came to this place, I would like to address the siren calls of a broader wealth tax being made by a number of colleagues on the Government Benches and elsewhere in the House. Increases in capital gains tax to align them closer to income tax are welcome. Wealth and work should be taxed at similar rates—it is as simple as that—but I have a few words of caution for proponents of wealth taxes. The Wealth Tax Commission itself acknowledges that wealth taxes could incentivise the wealthy to hide assets behind legal vehicles using expensive lawyers and secrecy jurisdictions.”

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  48. “This long-standing relief disproportionately benefits higher earners, and it has been my settled view for a number of years that we must look again at how it operates. Currently, higher rate taxpayers enjoy 40% relief on pension contributions, while the highest earners enjoy 45% relief. Basic rate taxpayers nevertheless enjoy a rate of just 20%. Total pension tax reliefs cost circa £40 billion per year to the Treasury, according to HMRC. Of that total, two thirds is relief for those on incomes in the 40% and 45% income tax bracket, which represented 12% of the adult population in 2023-24, according to the IFS. That highlights the inequity here: a system of relief that is tilted to those who need it least, not to incentivise moderate earners putting into pensions but to support those on the highest incomes.”

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  49. “When a Russian oligarch allegedly manipulates British secrecy jurisdictions in order to obscure profits made from UK-based centres of control, it undermines the credibility and fairness of our tax system. We need every British overseas territory to adopt full public beneficial ownership registers, so that sham structures such as Abramovich’s can be traced, challenged and taxed. Dirty money—the kind that flows beneath the waves of secrecy—corrodes the entire tax system, so I call on the Minister never to shy away from the globe-spanning challenge of tax abuse hidden in the nooks and crannies of our own backyard. Let me turn to my third and final recommendation for the Government, which relates to the often overlooked distortion in our system of pension tax relief.”

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  50. “The BVI in particular has missed deadlines in 2020, 2023 and 2025, as the right hon. Member for Sutton Coldfield (Sir Andrew Mitchell) knows well, he having campaigned strongly on this issue over many years. In January this year, the Bureau of Investigative Journalism, working alongside the BBC and The Guardian , revealed that Roman Abramovich, the former owner of Chelsea football club, may owe the Treasury up to £1 billion in unpaid corporation tax, penalties and interest. That is from corporate structures with a value of $6 billion, set up through an offshore web of hedge fund vehicles primarily registered in the British Virgin Islands and Cyprus, in what looks like an ultimately botched attempt to reduce tax liabilities.”

    House of Commons15 July 2025Contains Parliamentary information licensed under the Open Parliament Licence v3.0Source ↗