Treasury Select Committee

Type: Keyphrase
Name: Treasury Select Committee
First reported 5 hours ago - Updated 5 hours ago - 1 reports

Osborne cleared of interference in Co-op bank shambles

Article written by Kamal Ahmed Business editor More from Kamal Follow Kamal on Twitter More from Kamal Eurostar sale could be last privatisation before the general election Tesco, Sainsbury’s – the bad news just keeps coming Wonga: The pain starts here ... [Published BBC - 5 hours ago]
First reported 8 hours ago - Updated 8 hours ago - 1 reports

MP George Mudie to quit TSC after 13 years

:00 pm | By Labour MP George Mudie is standing down from the Treasury select committee after 13 years.Mudie, who is standing down as an MP next May after 23 years, has interrogated bankers, politicians and quangos across three parliaments.Last year he ... [Published Money Marketing Online - 8 hours ago]
First reported Oct 19 2014 - Updated Oct 19 2014 - 1 reports

UK terror sanctions chief under fire as Qatari added to blacklist

London: Lord Deighton, the commercial secretary to the British Treasury, is facing calls to be stripped of responsibility for overseeing the sanctions regime against those giving financial support to terrorism because he is also leading efforts to attract ... [Published Sydney Morning Herald - Oct 19 2014]
First reported Oct 18 2014 - Updated Oct 18 2014 - 1 reports

Treasury axes MAS from delivering pensions guidance

:00 am | By The Treasury has axed the Money Advice Service from delivering pensions guidance sessions to savers when the Budget reforms come into force next year.The Pensions Advisory Service will deliver non-face to face guidance and Citizens Advice ... [Published Money Marketing Online - Oct 18 2014]
First reported Oct 16 2014 - Updated Oct 16 2014 - 1 reports

FOS chief hits out at 'outrageous' insurer complaint stats

:06 am | By Financial Ombudsman Service chief executive Caroline Wayman has hit out at the “outrageous” uphold rates from complaints against insurers.Speaking to the Treasury select committee yesterday, Wayman said it was wrong the FOS still had uphold ... [Published Money Marketing Online - Oct 16 2014]
First reported Oct 15 2014 - Updated Oct 15 2014 - 1 reports

Redress costs over business loans up to £1.5bn

BANKS have now paid out £1.5 billion in redress for the mis-selling of complex loans to small and medium-sized businesses, with 10,000 customers having accepted an offer.They are now likely to wind up the compensation scheme by the end of the year, two-and-a-half ... [Published Herald Scotland - Oct 15 2014]
First reported Oct 15 2014 - Updated Oct 15 2014 - 1 reports

Labour peer Lord McFall joins the board of start-up digital-only bank

| By Labour peer and former Treasury select committee chairman Lord McFall is joining the board of new digital bank Atom.The Guardian  reports McFall has joined as a senior non-executive director as the bank seeks to gain authorisation from the FCA and ... [Published Mortgage Strategy - Oct 15 2014]
First reported Oct 08 2014 - Updated Oct 08 2014 - 1 reports

MPs to grill Govt over bungled death tax briefing

:17 am | By The Treasury select committee is to demand an explanation from the Government over the way it announced the changes to the pensions death tax.Chancellor George Osborne announced at the Conservative Party conference last week that the 55 per ... [Published Money Marketing Online - Oct 08 2014]
First reported Oct 06 2014 - Updated Oct 06 2014 - 2 reports

Labour peer Lord McFall joins board of digital bank Atom

Labour peer and former Treasury select committee chairman Lord McFall is joining the board of new digital bank Atom.The Guardian reports McFall is joining as a senior non-executive director as the bank seeks to gain authorisation from the FCA and the ... [Published Fund Strategy - Oct 06 2014]
First reported Oct 04 2014 - Updated Oct 05 2014 - 2 reports

MPs on high alert over cyber crime threats after JP Morgan attack which compromised millions of businesses

The country's financial systems could be at high risk of a cyber attack with the personal data of millions susceptible to threat, MPs fear.Politicians have held a string of meetings in recent months amid concern the UK's markets are not being well enough ... [Published Mail Online UK - Oct 05 2014]
First reported Oct 03 2014 - Updated Oct 04 2014 - 5 reports

Digital-only Atom bank draws Labour peer

Lord McFall, ex-member of parliamentary commission on banking standards, joins board as it prepares for authorisation and launchLabour peer Lord McFall, a former member of the parliamentary commission on banking standards, is joining the board of a new ... [Published FFOG.Net - Oct 04 2014]
First reported Oct 02 2014 - Updated Oct 03 2014 - 2 reports

Worksop: John Mann MP welcomes FCA’s decision to force Wonga to write off £220m in customer debts

John Mann MP has welcomed the news that the Financial Conduct Authority (FCA) has forced pay day lender Wonga to write off £220m of customer debts.He is now urging the Treasury Select Committee to call Wonga’s senior management to appear before the FCA ... [Published Worksop Guardian - Oct 03 2014]

Quotes

"Face-to-face advice will be offered to pensioners at bureaux across the UK, Chancellor George Osborne said."
...it was revealed that MAS' role will now be limited to acting behind the scenes, with some MAS staff being seconded into the Treasury to help "build the online part of the service and develop the guidance which will be provided to customers"
...has since written to the Prime Minister’s chief of staff, Ed Llewellyn, to ask why the individuals do not appear on the list of sanctions targets. "He agreed to go away and look at that and suggested there shouldn’t be a difference" he said
The FCA responded that independence from the banks had been ensured by third party reviewers, with all decisions "signed off by someone at partner, or partnership equivalent, level"

More Content

All (256) | News (210) | Reports (0) | Blogs (43) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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Osborne cleared of interference in Co-op bank s... [Published BBC - 5 hours ago]
MP George Mudie to quit TSC after 13 years [Published Money Marketing Online - 8 hours ago]
Treasury axes MAS from delivering pensions guid... [Published Fund Strategy - 15 hours ago]
Govt U-turns on MAS role in guidance guarantee [Published Professional Adviser - Oct 19 2014]
UK finally sanctions Qatari terror funder – 10 ... [Published Russia Today - Oct 19 2014]
UK terror sanctions chief under fire as Qatari ... [Published Sydney Morning Herald - Oct 19 2014]
Terrorist paymaster targeted by Britain [Published Telegraph - Oct 18 2014]
Terror funding: Five unanswered questions [Published Telegraph - Oct 18 2014]
Treasury axes MAS from delivering pensions guid... [Published Money Marketing Online - Oct 18 2014]
FOS is not unfair; it just doesn't apply the law [Published RPC Internal Gateway - Oct 16 2014]
BBA Brief – 16 October 2014 [Published British Bankers' Association - Oct 16 2014]
FOS chief hits out at 'outrageous' insurer comp... [Published Money Marketing Online - Oct 16 2014]
Bank Bonuses That Aren’t Called Bonuses Banned ... [Published GARP - Oct 15 2014]
Redress costs over business loans up to £1.5bn [Published Herald Scotland - Oct 15 2014]
Labour peer Lord McFall joins the board of star... [Published Mortgage Strategy - Oct 15 2014]
FCA Executives Mull Insurance Probe Criticism [Published Heart Radio - Oct 14 2014]
Interview: Martin Gilbert, Aberdeen Asset Manag... [Published London Evening Standard - Oct 10 2014]
'Block HMRC from raiding bank accounts after er... [Published Telegraph - Oct 09 2014]
Talking money - learning the lingo [Published 50connect.co.uk - Oct 09 2014]
UK PPI claims trigger National Australia Bank p... [Published Guardian.co.uk - Oct 09 2014]
'Death tax’ shambles exposes Osborne’s rank hyp... [Published Money Marketing Online - Oct 08 2014]
BBA Brief – 8 October 2014 [Published British Bankers' Association - Oct 08 2014]
MPs to grill Govt over bungled death tax briefing [Published Money Marketing Online - Oct 08 2014]
Give them an inch… [Published Private Client Adviser - Oct 07 2014]
Frontrunning: October 7 [Published Zero Hedge - Oct 07 2014]
PRESS DIGEST- British Business - Oct 7 [Published AlertNet - Oct 07 2014]
Cyber-attacks could pose ‘serious risk’ to UK f... [Published Russia Today - Oct 06 2014]
Banks Face Shake-Up At Payments Firm Vocalink [Published 4 Traders - Oct 06 2014]
Frontrunning: October 6 [Published Zero Hedge - Oct 06 2014]
Government and financial regulators discussing ... [Published IT Security Guru - Oct 06 2014]
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Frontrunning: October 7 [Published Zero Hedge - Oct 07 2014]
Liberian Rubber Farm Becomes Sanctuary Against Ebola ( WSJ ) The World’s Most Powerful Central Banker: Janet Who? ( BBG ) Islamic State moves into south west of Syrian Kurdish town ( Reuters ) Waldorf to Be Biggest Chinese Property Purchase in U.S. ( ...
Frontrunning: October 6 [Published Zero Hedge - Oct 06 2014]
Ebola Patient Fights for Life as Contacts are Monitored ( BBG ) GPIF Unlikely To Announce New Portfolio Until November: Delay Could Rattle Investors Hoping Fund Will Invest More in Stocks ( WSJ ) High risk Ebola could reach France and UK by end-October, ...
Frontrunning: October 3 [Published Zero Hedge - Oct 03 2014]
How you know it is all a lie: Pelosi Presses Obama to Talk Up Stronger U.S. Economy ( BBG ) Secret Goldman Sachs Tapes Put Pressure on New York Fed ( NYT ), Uh, no they don't Clashes Break Out at Hong Kong Protest Site ( WSJ ) N.Y. Fed Lawyer Says AIG ...
Economic fears damper Scottish independence in ... [Published National Post - Top Stories - Sep 11 2014]
Alex Salmond’s independence bandwagon appeared to be stalling Wednesday night as a new opinion poll gave the Unionist campaign a six-point lead, and the grim economic reality of leaving the U.K. rose to the top of the referendum agenda. Following a ...
Pound Sterling Forecast Today [Published AdBanks.net - Sep 11 2014]
10 Sep 2014 at 8 PM – Written by John Cameron STORY LINK Pound Sterling Forecast Today – GBP Exchange Rate Losses Predicted vs Australian Dollar, Euro and US Dollar The Pound Sterling (currency:GBP) has staged a recovery against the other sixteen ...
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