13th April 2016

Motherwell and Wishaw MP, Marion Fellows, has condemned the UK Tory Government describing it as “incompetent”.

This comes after Prime Minister Cameron admitted he owned shares in an offshore trust, Blairmore Holdings, set up by his late father, before selling them for £30,000 in 2010.

Prime Minister Cameron made his announcement after days of public speculation when he was implicated in a tax avoidance scheme exposed by the Panama Papers.

Only last week, the Icelandic Prime Minister, Sigmundur Davíð Gunnlaugsson, resigned over his links with tax avoidance.

Mrs Fellows commented:

“The Tory Government in Westminster is completely shambolic and farcical. It has proven to be entirely incompetent at every turn.

The Tories have torn each other apart arguing over the EU; the Work and Pension Secretary has resigned over punitive benefit ‘reforms’ forcing the government into a u-turn; the Chancellor has failed to meet his economic targets despite a decade of forced austerity; the Business Secretary was posted missing as Tata announced steelwork closures; and now the sheer hypocrisy of the Prime Minister has been exposed with the revelations that he has benefited from tax havens.

Mr Cameron made an announcement that he held shares in a company involved in tax avoidance, but only after it was forced out of him.

The fact that the Prime Minister was unable to provide a full and immediate response raises questions over his credibility and competency. Mr Cameron must now answer questions on whether these interests have influenced his decisions in parliament – in particular relation to clamping down on tax avoidance. What we need from him is transparency.

After a decade of forced austerity, the Tories still claim “we are all in this together”. It is apparent that this is not the case. This is a government of the rich, by the rich, for the rich.”