Margaret Hodge MP may not be a saint (one recalls her benefiting from a tax-avoiding family trust at the same time as she was castigating such schemes when she chaired the Public Accounts Committee), but government ministers and Treasury advisers alike will no doubt celebrate her announcement that she will not stand again at the next election. However, she will go out on a high, if she continues to keep up pressure on the government on its record of inaction against economic crime, as in the debate she introduced yesterday.
The government response to the litany of financial abuses which she and SNP speakers listed? "It is important that the Government pursue a targeted and proportionate level of enforcement, focusing on achieving compliance from companies." In other words, practical inaction.
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