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Short-Selling Of Shares

EDM number 819 in 2017-19, proposed by Roger Godsiff on 17/01/2018.
Categorised under the topics of Financial services and Taxation.

That this House believes that shorting of shares, whereby shares are borrowed for a defined period and for a fee by financial gamblers and then sold in the hope that they can be bought back later at a lower price, has no economic benefits whatsoever to the UK economy; and calls on the Government to tax this practice as it does other forms of gambling.

This motion has been signed by a total of 8 MPs.

Roger Godsiff17/01/2018Birmingham, Hall GreenLabourProposed
Dennis Skinner22/01/2018BolsoverLabourSeconded
Marie Rimmer23/01/2018St Helens South and WhistonLabourSeconded
Kelvin Hopkins23/01/2018Luton NorthLabourSeconded
Peter Bottomley23/01/2018Worthing WestConservativeSeconded
Jim Cunningham23/01/2018Coventry SouthLabourSeconded
Chris Stephens24/01/2018Glasgow South WestScottish National PartySigned
David Crausby07/02/2018Bolton North EastLabourSigned

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