Former Labour culture minister Margaret Hodge has been elected to chair the
watchdog Commons Public Accounts Committee, one of the most influential of
But voting was so close it went to the fifth round in an Alternative Vote
election in which accountant Iain Wright was eliminated in the third round.
Ms Hodge, a daughter of the Oppenheimer family and former consultant with
Price Waterhouse, will take up the post when other members of the committee are
She takes over from former Tory chairman Edward Leigh.
Others defeated in the first even election to the post include popular
backbencher Hugh Bailey, veteran Austin Mitchell, with strong views on
separating accountant consultancy work and auditing, left-winger and former
environment minister Michael Meacher and backbencher Brian Donohoe.
Under the rules the post was allocated to a Labour MP.
In another contest, Andrew Tyrie, a former special adviser at the Treasury
and an economist, defeated Michael Fallon, former chairman of a sub-committee,
to become chairman of the Commons Treasury Committee. It was allocated to the
Former defence secretary Bob Ainsworth’s Commons aide, Adrian Bailey, was
elected to chair the Business, Innovation and Skills Committee. It was allocated
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy
A senior MP has questioned the impact of HMRC’s decision to undertake yet another radical overhaul of its internal structure
The Apple Tax situation; Accountants replaced by robots; and The Accountancy Age Top 50+50; all discussed by head of editorial Kevin Reed