Government should create a ringfenced Economic Crime Fighting Fund, recycling recovered criminal cash into enforcement.

And it must finally deliver publicly accessible beneficial ownership registers in Britain’s OT's, so investigators can follow the money and expose corruption.

This directly reflects what we have been calling for – and it was good to see the Chancellor thanking our former Chair and APPG member @joepowell.bsky.social for our work on this issue.

But there is still more to do 👇

🧾4. Boost HMRC enforcement resources to go after wealthy individuals who use offshore and complex structures to avoid paying their fair share.

These are our clean foundations for growth - read our report here:

anticorruption-responsibletax.org/cleanfoundat...

💰2. Recycle cash seized from criminals back into a Economic Crime Fighting Fund for law enforcement to create a virtuous cycle, at no extra cost to the taxpayer.

🌴3. Deliver publicly accessible beneficial ownership registers in the Overseas Territories so investigators can 'follow the money.'

The MPs highlighted how throwing open the books in British Overseas Territories could put a stop crooks and kleptocrats using offshore shell companies to:

💷 Enable tax abuse
🏪 Hide dodgy high street shops
🕵️‍♂️ Clean cash for organised crime gangs
🏠 Distort the housing market

👉 It is precisely these kinds of revelations that make the upcoming Elections Bill so important, and why we need it to be as good as it can be. Follow us to read more about what we’ll be campaigning on in this space over the coming weeks.

This is a classic form of corruption: foreign money buying political speech.

What should alarm us is not just the revelations around Gill himself, but how easy it was. A few quiet payments routed via a Putin crony, and an elected representative is suddenly reading from a Kremlin-crafted script 👇

👉 Next week, we're bringing together key stakeholders for a private roundtable to work out concrete steps to clamp down on these practices and close some of the loopholes that link financial secrecy in the Overseas Territories to harm in our communities. Watch this space for updates on our campaign.

If we want our high streets to be places people are proud to visit, we cannot keep turning a blind eye to the offshore secrecy that props up sham businesses and crowds out honest traders 👇

🚔 Police efforts like Operation Machinize show what determined, joined-up enforcement can achieve, but also how often raided premises can simply phoenix and reopen under a new name hours after being shut down 👇

🏬 But MPs also focused on a less obvious impact: our high streets. The debate heard how dodgy vape shops, fake candy stores, and unlicensed barbers are increasingly used as fronts for money laundering and tax abuse – often enabled by faceless companies registered in secrecy jurisdictions 👇

4/ Follow us☝️ for more updates.

Visit our website to find out more, and to read our Clean Foundations for Growth report.

anticorruption-responsibletax.org/cleanfoundat...

🗣️ 3/ Our APPG held a debate in Westminster Hall this week on the impact of financial secrecy in Britain’s Overseas Territories on UK communities.

🔴🔵🟡 MPs of all stripes agreed one of the biggest impacts is how tax abuse starves communities of vital funds.

bsky.app/profile/ukan...

❌ 2/ Worryingly, a recent Public Accounts Committee report found we don't even know how many billionaires pay tax in the UK, or how much they owe.

⚖️ Under a fair tax system, we should all play by the same rules, with no exemptions for the super-wealthy.

committees.parliament.uk/publications...

💷 Billions are lost each year through tax abuse, money laundering and fraud – money that should be funding our NHS, not luxury yachts in Monaco, and empty mansions in Kensington.

Read more here: www.independent.co.uk/news/busines...