Response to the Queen’s Speech

The Queen’s Speech confirmed today that further steps will be taken to tackle dirty money and illicit finance in Britain - a success for our campaign. 

We need to see strong legislation that gives Companies House powers to monitor, verify and investigate suspicious companies. We must also tackle the enablers of oligarchs and kleptocrats in our professional service industries. All of this will require an increase in resourcing for law enforcement agencies fighting economic crime.

Tackling dirty money in luxury property must go hand-in-hand with investing more in social housing. Today’s promise to strengthen the rights of tenants is a first step to delivering better, safer homes, and learning from shamefully ignoring Grenfell families’ concerns for many years before the fire. However, there was nothing in the Queen’s Speech on investing more in social housing, which is essential to delivering more safe homes for all.