That this House notes recent research showing that the British Overseas Territory of Bermuda is a major hub for oil industry tax avoidance, and hosts the headquarters of three of the world’s top ten oil drilling contractors, four of the world’s ten biggest oil tanker companies, Shell and Chevron offices, and industry insurance companies; further notes the Iran war means oil companies are securing record profits, which Bermuda helps them avoid taxes on; and calls on the Foreign, Commonwealth and Development Office to investigate what further actions can be taken to stop the oil industry using British territories to avoid taxes around the world.
Signatories (29)
- Clive Lewis Sponsor
- Andrew George
- Kim Johnson
- Neil Duncan-Jordan
- Jim Shannon
- Jon Trickett
- Carla Denyer
- Hannah Spencer
- Siân Berry
- Adrian Ramsay
- Dr Ellie Chowns
- Ayoub Khan
- Richard Burgon
- Cat Eccles
- Iqbal Mohamed
- Dr Simon Opher
- Bell Ribeiro-Addy
- Sammy Wilson
- Valerie Vaz
- Olivia Blake
- Chris Hinchliff
- Nadia Whittome
- John McDonnell
- Andy McDonald
- Imran Hussain
- Ian Byrne
- Lee Barron
- Chris Law
- Rachael Maskell
Source
UK Parliament EDM data