Treasury Select Committee

Type: Keyphrase
Name: Treasury Select Committee
First reported 3 hours ago - Updated 43 mins ago - 1 reports

RBS fined £14m over mortgages

The banks gave customers “highly inappropriate” advice and ignored warnings over their controls for almost a year, according to the FCA. Two reviews of sales from 2012 found that in over half the cases the suitability of “the advice was not clear from ... [Published Economia - 3 hours ago]
First reported 55 mins ago - Updated 55 mins ago - 1 reports

FCA and PRA CEOs write to Treasury Select Committee to explain use of section 166 skilled person report powers

The House of Commons Treasury Committee has published letters addressed to Andrew Tyrie MP, chair of the committee, from Martin Wheatley, FCA Chief Executive, and Andrew Bailey, PRA CEO and Bank of England (BoE) Deputy Governor, concerning the FCA's and ... [Published Practical Law Company - 55 mins ago]
First reported Aug 26 2014 - Updated 4 hours ago - 1 reports

HMRC powers to raid bank accounts could see return to 'cash under the mattress'

Building societies are warning people will cash in their savings if HMRC becomes "judge, jury and executioner" People could rush to cash in their savings and keep their money "under the mattress" if the taxman's bid for new powers to raid bank accounts ... [Published Telegraph - Aug 26 2014]
First reported Aug 23 2014 - Updated Aug 23 2014 - 1 reports

John Mann: Exam results are something that we should all be very proud about

Well done to pupils and schools in Worksop for their excellent A-level and GCSE results.Nationally, 50 per cent of young people go to University and 50 per cent choose to do an apprenticeship or go straight into work.Whatever your personal choice I wish ... [Published Worksop Guardian - Aug 23 2014]
First reported Aug 21 2014 - Updated Aug 21 2014 - 1 reports

As you were: UK base rate likely to stay the same

Britain is in the grip of an on-again-off-again relationship with base rate rises One week we are all warned that the turn in the interest rate cycle might be closer than we think; the next it is back to business as usual as the first move recedes into ... [Published Telegraph - Aug 21 2014]
First reported Aug 20 2014 - Updated Aug 21 2014 - 4 reports

George Osborne rejects Co-op criticism

By Jonathan DaviesThe Chancellor George Osborne has rejects a request from MPs to supply information on the Co-op Bank's failed attempt to buy 632 Lloyds branches.The proposed deal collapsed when a £1.5bn black hole was discovered in the Co-op Bank's ... [Published Fresh Business Thinking - Aug 21 2014]
First reported Aug 21 2014 - Updated Aug 21 2014 - 1 reports

George Osborne looks shifty as he avoids questions over failed Co-op-Lloyds deal

When deals go bad, it’s not surprising those involved want to wash their hands of it. But in the case of George Osborne avoiding questions over ministers’ involvement in the Co-op’s failed bid to buy 632 branches of Lloyds (which are now the IPO-d TSB), ... [Published Management Today Magazine - Aug 21 2014]
First reported Aug 20 2014 - Updated Aug 21 2014 - 1 reports

Bank split as two MPC members vote for rate hike

Two members of the Bank of England's monetary policy committee voted for a rise in interest rates at its August meeting, minutes show, the first time there has not been a unanimous decision in over three years.Martin Weale (pictured below) and Ian McCafferty ... [Published Citywire Money - Aug 20 2014]
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

Bank Of England Rate-Setters Split As Two Back Interest Rate Rise

Mark Carney, governor of the Bank of England, center, pauses during the bank's quarterly inflation report news conference in London, U.K., on Wednesday, Aug. 13, 2014. Carney pledged that Bank of England officials won't rush to raise interest rates as ... [Published Huffington Post UK - Aug 20 2014]
First reported Aug 12 2014 - Updated Aug 13 2014 - 4 reports

Interest rates: Carney is hard to pin down

The Bank of England's governor, Mark Carney, was accused by a member of the Commons Treasury select committee in June of behaving like an "unreliable boyfriend" by giving mixed messages on whether the first rise in interest rates for five years will come ... [Published Wall Street Business Network - Aug 13 2014]
First reported Aug 10 2014 - Updated Aug 10 2014 - 2 reports

MPs voice fears over Bank of England FPC

Treasury select committee raises concerns about the checks and balances on one of the most influential committees of unelected officials in the UK ... [Published FT.com - UK News - Aug 10 2014]
First reported Jul 28 2014 - Updated Jul 29 2014 - 3 reports

Over 40,000 backed online petition for Ruffley to resign

Over 40,000 people have now signed an online petition calling for Tory MP David Ruffley to resign following his caution for domestic assault.Mr Ruffley announced earlier that he would be stepping down at the 2015 general election, saying the "protracted ... [Published itv.com - Jul 28 2014]

Quotes

"Ultimately it could lead to customers thinking their money is not safe and cashing out their savings, leading to a return to cash 'under the mattress'" it said
...According to Reuters, WEKO said it had opened an investigation against various banks on 30 September, and said that, "through discussions [banks] are said to have manipulated various exchange rates" . WEKO declined to name the banks under investigation...
In the first letter, dated March 26, Mr Tyrie said: "We would be grateful to know what was said, to whom, and when. "Did Treasury ministers or any Treasury officials at any time bring undue pressure to bear on the Co-operative Bank or Group, or Lloyds Banking Group, in respect of the sale of the Verde branches?""
"We would be grateful to know what was said, to whom, and when" the letter asked...

More Content

All (288) | News (236) | Reports (0) | Blogs (47) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
sort by: Date | Relevance
FCA and PRA CEOs write to Treasury Select Commi... [Published Practical Law Company - 55 mins ago]
RBS fined £14m over mortgages [Published Economia - 3 hours ago]
Cover story: A time of change [Published Mortgage Strategy - 15 hours ago]
HMRC powers to raid bank accounts could see ret... [Published Telegraph - Aug 26 2014]
John Mann: Exam results are something that we s... [Published Worksop Guardian - Aug 23 2014]
Are HMRC being given too much power, asks AC Mo... [Published Somerset County Gazette - Aug 22 2014]
As you were: UK base rate likely to stay the same [Published Telegraph - Aug 21 2014]
Understanding Forex manipulation [Published Lexology - Aug 21 2014]
Lloyds share price: Osborne denies undue pressu... [Published Invezz - Aug 21 2014]
George Osborne rejects Co-op criticism [Published Fresh Business Thinking - Aug 21 2014]
Osborne under fire over Co-op deal [Published Austin American Statesman - Aug 21 2014]
Osborne under fire over Co-op deal [Published BBC - Aug 21 2014]
George Osborne looks shifty as he avoids questi... [Published Management Today Magazine - Aug 21 2014]
SME lending plunges by £2.6bn [Published Bridging and Commercial - Aug 21 2014]
LLOYDS BANKING : Banks Osborne denies 'undue pr... [Published 4 Traders - Aug 20 2014]
George Osborne denies 'undue pressure' in Lloyd... [Published Guardian.co.uk - Aug 20 2014]
Bank tightens policy maker rules [Published Press and Journal - Aug 20 2014]
Bank split as two MPC members vote for rate hike [Published Citywire Money - Aug 20 2014]
Tory Warns Rising Interest Rates Could Be A 'Ca... [Published Huffington Post UK - Aug 20 2014]
Bank Of England Rate-Setters Split As Two Back ... [Published Huffington Post UK - Aug 20 2014]
Are These Two Conspiring To Keep Interest Rates... [Published Huffington Post UK - Aug 19 2014]
Carney accused of delaying rate rise until afte... [Published BullBearings - Aug 18 2014]
Second MP accuses Mark Carney of election rate ... [Published London Evening Standard - Aug 18 2014]
Banks join critics of HMRC plan to grab unpaid tax [Published Contractor UK - Aug 18 2014]
Banks warn Osborne on HMRC tax grab powers [Published Fund Strategy - Aug 18 2014]
Will Lloyds' bully-boy salesmen EVER learn? Aft... [Published Mail Online UK - Aug 16 2014]
BoE denies talks of "technical discussions" wit... [Published BullBearings - Aug 14 2014]
Bank of England hits out at Scots rumours [Published Mortgage Introducer - Aug 14 2014]
Lamont warns of financial crisis [Published Press and Journal - Aug 14 2014]
Tyrie warning on FPC make-up [Published PoliticsHome - Aug 14 2014]
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In the papers: IPad decline takes gloss of Apple [Published Proactiveinvestors United Kingdom website - Jul 23 2014]
The Guardian  Slump in iPad sales takes the shine off Apple ’s revenue results: Sales of the iPad have slumped to half their pre-Christmas high, with signs that demand for Apple ’s tablet computer may be in permanent decline. Despite a forecast-busting ...
Is there room for Austrian ideas at the top table? [Published The Cobden Centre - Jul 18 2014]
[Editor's note: now that Steve Baker MP is on the Treasury Select Committee, it should be of interest to all Austrianists, and those interested in monetary reform in general, to re-visit Anthony Evans and Toby Baxendale's 2008 paper on whether there ...
Frontrunning: July 17 [Published Zero Hedge - Jul 17 2014]
Bubble Paranoia Setting in as S&P 500 Surge Stirs Angst ( BBG ) But how will math PhDs determine "fair value" - Wall Street Techs Take Secrets to Next Job at Their Peril ( BBG ) U.S., EU Escalate Russia Sanctions as Putin Holds Firm ( Bloomberg ) Australia ...
India Sees Gold Imports Surge 65% In June [Published Zero Hedge - Jul 16 2014]
Today’s AM fix was USD 1,297.50, EUR 958.13 and GBP 757.40 per ounce.Yesterday’s AM fix was USD 1,312.00, EUR 965.20 and GBP 765.51 per ounce. Gold fell $12.60 or 0.96% yesterday to $1,294.10/oz and silver slipped $0.21 or 1% to $20.71/oz. ...
BOE Carney Warns of Rising UK House Prices [Published OANDA Forex Blog - Jul 15 2014]
The Bank of England’s governor has issued a fresh warning on the threat of a UK property bubble, as official figures showed house prices rose by 10.5% in the year to May. Mark Carney told MPs on the Treasury select committee that rising house prices ...
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