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Private Finance Initiative And Tax Avoidance

EDM number 2136 in 2010-12, proposed by Stella Creasy on 05/09/2011.
Categorised under the topics of Public expenditure and Taxation.

That this House notes the concerns expressed in reports made by both the Public Accounts Committee and the Treasury Select Committee regardingevidence of tax avoidance being practised by companies who successfully bid for Private Finance Initiative (PFI) contracts and then move their assets overseas; further notes that the Treasury Green Book requires Government Departments to assess the value for money of PFI as a method of procurement using an estimation of the tax revenue which is generated; is concerned that such evidence calls this calculation into question; is further concerned to note that despite committing to 7 billion worth of PFI deals in March 2011 using this method to analyse their value for money the Government has no proposals to address this problem with its calculations; further notes the possible consequences to the accuracy of Government procurement decisions as a result; and calls on the Government to place a suspension on its PFI programme until it brings forward proposals to respond to the concerns of these two committees on this matter.

This motion has been signed by a total of 45 MPs.

Stella Creasy05/09/2011WalthamstowLabourProposed
Tom Blenkinsop05/09/2011Middlesbrough South and East ClevelandLabourSeconded
Margaret Hodge05/09/2011BarkingLabourSeconded
Anne McGuire05/09/2011StirlingLabourSeconded
Ian Swales05/09/2011RedcarLiberal DemocratSeconded
Nia Griffith05/09/2011LlanelliLabourSeconded
Jon Cruddas05/09/2011Dagenham and RainhamLabourSigned
Julian Huppert05/09/2011CambridgeLiberal DemocratSigned
Teresa Pearce05/09/2011Erith and ThamesmeadLabourSigned
John McDonnell06/09/2011Hayes and HarlingtonLabourSigned
Ian Mearns06/09/2011GatesheadLabourSigned
Jonathan Edwards06/09/2011Carmarthen East and DinefwrPlaid CymruSigned
Ian Lavery06/09/2011WansbeckLabourSigned
Mike Hancock06/09/2011Portsmouth SouthLiberal DemocratSigned
Mark Durkan06/09/2011FoyleSocial Democratic and Labour PartySigned
Grahame Morris07/09/2011EasingtonLabourSigned
Jeremy Corbyn07/09/2011Islington NorthLabourSigned
Martin Caton07/09/2011GowerLabourSigned
Ronnie Campbell07/09/2011Blyth ValleyLabourSigned
Alan Meale07/09/2011MansfieldLabourSigned
Alasdair McDonnell07/09/2011Belfast SouthSocial Democratic and Labour PartySigned
Jim Sheridan07/09/2011Paisley and Renfrewshire NorthLabourSigned
Jim Shannon07/09/2011StrangfordDUPSigned
Albert Owen07/09/2011Ynys MLabourSigned
Bob Russell08/09/2011ColchesterLiberal DemocratSigned
Cathy Jamieson08/09/2011Kilmarnock and LoudounLabourSigned
Katy Clark08/09/2011North Ayrshire and ArranLabourSigned
Tony Lloyd09/09/2011Manchester CentralLabourSigned
John Leech09/09/2011Manchester, WithingtonLiberal DemocratSigned
Lindsay Roy09/09/2011GlenrothesLabourSigned
Jim Dobbin12/09/2011Heywood and MiddletonLabourSigned
Caroline Lucas13/09/2011Brighton, PavilionGreenSigned
Kelvin Hopkins13/09/2011Luton NorthLabourSigned
David Crausby14/09/2011Bolton North EastLabourSigned
Elfyn Llwyd15/09/2011Dwyfor MeirionnyddPlaid CymruSigned
Paul Flynn15/09/2011Newport WestLabourSigned
Andrew George15/09/2011St IvesLiberal DemocratSigned
Michael Connarty10/10/2011Linlithgow and East FalkirkLabourSigned
Roger Godsiff10/10/2011Birmingham, Hall GreenLabourSigned
Jim McGovern10/10/2011Dundee WestLabourSigned
Valerie Vaz10/10/2011Walsall SouthLabourSigned
Linda Riordan11/10/2011HalifaxLabourSigned
Adrian Sanders13/10/2011TorbayLiberal DemocratSigned
John Hemming17/10/2011Birmingham, YardleyLiberal DemocratSigned
Naomi Long18/10/2011Belfast EastAllianceSigned

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