Dudley MP Ian Austin has welcomed the news that the Government has backtracked on plans to privatise the Land Registry.
Austin joined other MPs to campaign against Government plans to put the Land Registry up for sale.
He said privatisation would clear the way for trusts and shell companies registered in tax havens to purchase properties and land in the UK, as well as putting profits from privatisation ahead of long-term income from the agency.
It is now being reported that the Government is shelving the plans but the Dudley North MP is now calling on the Government to make an official announcement that the plans have been dropped.
Ian Austin said:
"This is a real result for campaigners and everyone that uses the Land Registry's services. It's a great example of what we can do when we work together.
"The Land Registry made a profit of over £100m in 2015, so this is the right decision for Britain's long-term interests.
"Now I want the Government to admit it made a mistake and give Land Registry staff assurances that their jobs are secure."