SHORT-SELLING OF SHARES

Early day motion 819, tabled 17 January 2018 by Roger Godsiff (Labour). Signed by 8 members.

That this House believes that shorting of shares, whereby shares are borrowed for a defined period and for a fee by financial gamblers and then sold in the hope that they can be bought back later at a lower price, has no economic benefits whatsoever to the UK economy; and calls on the Government to tax this practice as it does other forms of gambling.

Signatures by party: Labour 5, Conservative 1, Independent 1, Scottish National Party 1.