MP John Mann calls for David Cameron to resign over Panama Papers scandal

After days of pressure, Mr Cameron has said he and his wife Samantha owned shares in an offshore fund set up by his late father, before selling them for £30,000 in 2010.

Mr Mann said: “David Cameron has broken the rules on Standards in Public Life that he, along with me and others, voted for.

“No interpretation of his actions could conclude that he has acted in an “open and frank” way, in line with the Code of Conduct for MPs.

“It is only now, with the Panama revelations, that David Cameron has been forced to admit that he did not register his financial interests.”

“This is a matter of transparency and integrity. David Cameron has shown neither of these qualities and should resign as Prime Minister.”

Paragraph 13 of the Code of Conduct for Members of Parliament reads: “Members shall fulfil conscientiously the requirements of the House in respect of the registration of interests in the Register of Members’ Financial Interests. They shall always be open and frank in drawing attention to any relevant interest in any proceeding of the House or its Committees, and in any communications with Ministers, Members, public officials or public office holders.”