Stephen Kinnock – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Stephen Kinnock on 2016-06-07.

To ask Mr Chancellor of the Exchequer, if he will introduce measures to prevent companies based in tax havens from purchasing assets during privatisations.

Mr David Gauke

The Government seeks to ensure value for money for the taxpayer in conducting asset sales. This includes running sales on a competitive basis that are open to a wide range of potential buyers. The Government has no plans to change the existing arrangements governing participation in the sale of government assets.