David Maclean
David Maclean, Baron Blencathra (born 16 May 1953, Scotland) is a Conservative Party life peer. He was the Member of Parliament (MP) for Penrith and The Border from 1983 to 2010.
In November 2011 Lord Blencathra was appointed as the Cayman Islands' new London-based UK representative.
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Promoting the Caymans and its links to the City of London
In a Cayman press interview in December 2011 Lord Blencathra said his role was to help fight those who misunderstand the important and positive part it plays on the global financial stage. He emphasised the Caymans' links to the City,
- He was confident that while David Cameron is prime minister, European countries such as France and Germany that “would dearly like to damage the City of London and its friends in Cayman” won’t get the chance. Cameron’s recent veto of potentially harmful proposals to the City will also benefit the Cayman Islands and its financial services industry, McLean[sic] noted by way of illustration.
- “It is clear that many of the major players in the EU bitterly resent the success of the City of London and will do anything they can to curb this success. As Cayman plays a vital role in partnership with the City, I must ensure that our role is understood and that our involvement is key to the City’s well-being,” he said.
- Cayman's London Office is working closely with organisations supportive of the Cayman Islands as an IFC, especially Cayman Finance because they have influence and high level contacts with banks, lawyers, accountants and hedge funds, he noted. [1]
Expenses claims
As an MP, Maclean was reported as having spent more than £20,000 improving his farmhouse under the Additional Costs Allowance (ACA) scheme before selling it for £750,000. He claimed the money by designating the property as his “second home” with the Commons authorities, yet Maclean did not pay capital gains tax on the sale because the taxman accepted it was his main home.[2]
MacLean was one of 98 MPs who voted to keep their expense details secret.[3]
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Notes
- ↑ CNS Business, Peer hits out at negative posts, 16 December 2011
- ↑ MPs' expenses: cash secrets of MPs who tried to stop you seeing their expenses. 16 May 2009.
- ↑ How your MP voted on the FOI Bill. 20 May 2007.
