Take That star Gary Barlow is facing calls to hand back his OBE over claims he invested in a tax avoidance scheme.
Labour’s Margaret Hodge, chair of the public accounts committee said Barlow “might want to show a bit of contrition by giving back his OBE”.
I don’t know whether one can actually give back a courtesy title, the female part of a knighthood awarded to a late husband.
But that those Stemcor shares are in a family trust could certainly be described as a tax avoidance scheme. An entirely legal one of course: and one that currently makes no difference at all to the tax position of that stock. But matters were rather different when the scheme was set up.
Perhaps this idea that honours should be handed back in such circumstances is something that Margaret, Lady Hodge, would like to reconsider?