Treasury Select Committee

Type: Keyphrase
Name: Treasury Select Committee
First reported 18 hours ago - Updated 18 hours ago - 1 reports

Why Sugarcoat? British Conglomerate’s Chief Labels 2013 a Disaster

LONDON – Some chief executives like to sugarcoat bad results, but the interim C.E.O. of the Co-operative Group felt no such need when reporting the firm’s results on Thursday.Richard Pennycook, the interim chief, called 2013 “a disastrous year for the ... [Published Gnom.es - 18 hours ago]
Entities: Methodist, Disaster, Banking
First reported 23 hours ago - Updated 23 hours ago - 1 reports

TIMELINE - The Co-operative Group

The Co-operative TIMELINE1844 – 19001844Rochdale Pioneers Society is established. The group has eight ‘Rochdale rules’, including distributing a share of profits according to purchases that came to be known as ‘the divi’.1862The Industrial and Provident ... [Published Manchester Evening News - 23 hours ago]
First reported Apr 16 2014 - Updated Apr 17 2014 - 2 reports

Former Co-op Bank chair Paul Flowers charged with possession

Paul Flowers, the former chairman of The Co-operative Bank and deputy chairman of The Co-operative Group, has been charged with possession of class A and class C drugs.In a statement this morning, Clare Stevens, from the Crown Prosecution Service Yorkshire ... [Published Grocer - Apr 16 2014]
First reported Apr 14 2014 - Updated Apr 14 2014 - 1 reports

Tyrie to examine tax crackdown plans

George Osborne's plans to clamp down on tax evasion and avoidance will be examined by the Treasury Select Committee, amid fears over its impact on civil liberties.Andrew Tyrie said his committee would scrutinise the Treasury's plans, including proposals ... [Published PoliticsHome - Apr 14 2014]
First reported Apr 11 2014 - Updated Apr 11 2014 - 1 reports

Editorial: Co-operative Bank shows no fear in turnaround plan

For a typical company, the release of an annual report showing losses of £1.3bn would spark the fear of annihilation in anyone involved with the organisation.But for the Co-operative Bank, this is its story being laid to rest. It does not get any worse ... [Published Co-operative News - Apr 11 2014]
First reported Apr 09 2014 - Updated Apr 09 2014 - 2 reports

MPs call for independent probe into Financial Conduct Authority insurance blunder

Treasury Select Committee chairman Andrew Tyrie has demanded that an investigation into the Financial Conduct Authority’s disastrous handling of the announcement of an inquiry into millions of old life insurance policies be kept "wholly independent of ... [Published NewsRT.co.uk - Apr 09 2014]
First reported Apr 03 2014 - Updated Apr 04 2014 - 6 reports

Vigilance needed over house prices, Chancellor warns

1 hour agoThe government and regulators need to be vigilant over house price rises to make sure they do not get out of control, according to Chancellor George Osborne.Fears are growing that a bubble could develop as the typical cost of a property continues ... [Published Zoopla.co.uk - Apr 04 2014]
First reported Apr 03 2014 - Updated Apr 04 2014 - 7 reports

Treasury denies Co-op interference claims

George Osborne has refuted claims on the group to complete a deal to buy more than 600 branches from Lloyds.Flowers, who is currently on bail after footage emerged of him allegedly buying illegal drugs last November, made the claims in an interview with ... [Published Insider Media Limited - Apr 04 2014]
First reported Apr 03 2014 - Updated Apr 04 2014 - 3 reports

‘One third of savers to take pension pots as cash’, Osborne estimates

A third of savers will choose to take their pension pots as cash and not invest in an annuity as rules around how people can use their pensions are relaxed, according to Chancellor George Osborne.But Osborne said it remains very uncertain just what will ... [Published Pensions Age - Apr 03 2014]
First reported Apr 03 2014 - Updated Apr 04 2014 - 2 reports

Osborne 'vigilant' on debt

Chancellor George Osborne says there has been a "meaningful fall" in household debt, but that the Bank of England are still being "vigilant".Mr Osborne, who was giving evidence to parliament's Treasury Select Committee on the budget, said whilst the government ... [Published BBC - Apr 03 2014]
First reported Mar 27 2014 - Updated Mar 27 2014 - 3 reports

Housing bubble concerns grow as number of cash buyers soars

Concerns are mounting that Britain is set to enter a new housing bubble, as cash buyers force prices upwards in some parts of the country.As many as one in three homes are being purchased outright using cash, according to recent figures from Hamptons ... [Published Which4U.co.uk - Mar 27 2014]
First reported Mar 24 2014 - Updated Mar 25 2014 - 7 reports

LLOYDS BANKING : King rejects 'political pressure' in Co-op sale

Lord King , the former governor of the Bank of England , yesterday rejected suggestions he was aware of any improper political pressure in Lloyds Banking Group's decision to sell 632 branches to the Co- op Bank.Treasury select committee chairman Andrew ... [Published 4 Traders - Mar 25 2014]

Quotes

"The business becomes strangled. It is frustrating to hear talk on ‘zombie firms’. I liken them more to a vampire business – they are kept in the GRG and as soon as they get any cash to invest and grow, it is taken out of them."
"And yet if ever there was a time for the revival of a campaigning organisation owned by its Members, all of whose profits can be put to workwork in the communities where they live, it is now."
eValue sales and marketing director Joanna Hall agreed a national service would need a single point of "ownership and responsibility with other organisations, such as MAS or TPAS" supporting it

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All (535) | News (505) | Reports (0) | Blogs (25) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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Investors Ignore Frightful Russia, Europe Geopo... [Published Market Oracle - 13 hours ago]
Andrea Leadsom MP appointed new City Minister f... [Published TechUK - 17 hours ago]
Why Sugarcoat? British Conglomerate’s Chief Lab... [Published Gnom.es - 18 hours ago]
RBS Cleared Of Defrauding Small Firms [Published Huffington Post UK - 20 hours ago]
TIMELINE - The Co-operative Group [Published Manchester Evening News - 23 hours ago]
Co-operative Group Suffers £2.5bn Loss in 'Disa... [Published International Business Times UK - Apr 17 2014]
Former Co-op Bank chair Paul Flowers charged wi... [Published Grocer - Apr 16 2014]
Gay former Co-op Bank chairman Paul Flowers cha... [Published Pink News - Apr 16 2014]
Missing pieces: How advisers can help deliver O... [Published IFAonline.co.uk - Apr 16 2014]
Former Co-op boss faces drug charges [Published Free Internet Press - Apr 16 2014]
James Moore: Don't expect pay restraint by Barc... [Published The Independent - Apr 16 2014]
Margareta Pagano: Plain-talking Andrea Leadsom ... [Published London Evening Standard - Apr 15 2014]
Regulatory comment for financial advisers - Can... [Published PanaceaIFA - Apr 15 2014]
BOE FX-Rigging Investigator Said to Work to Ave... [Published Washington Post - Apr 14 2014]
Tyrie to examine tax crackdown plans [Published PoliticsHome - Apr 14 2014]
MPs Fear Osborne's Powers To Take Your Money Ma... [Published Huffington Post UK - Apr 14 2014]
Osborne tax avoidance crackdown set to face MP ... [Published Fund Strategy - Apr 14 2014]
Osborne's new tax cutting agenda could mean eve... [Published New Statesman - Apr 14 2014]
Co-op risks tighter control by banks without re... [Published Guardian.co.uk - Apr 13 2014]
Editorial: Co-operative Bank shows no fear in t... [Published Co-operative News - Apr 11 2014]
RBS Will Re-Privatize Sooner Than Expected [Published Value Walk - Apr 11 2014]
FCA inquirer Clifford Chance on regulator's s16... [Published IFAonline.co.uk - Apr 11 2014]
Allowing HMRC to take money from bank accounts ... [Published Out-Law.com - Apr 11 2014]
ABI and IMA Join Forces to Supercharge Lobby Po... [Published International Business Times UK - Apr 11 2014]
Co-operative Bank confirms £1.3bn loss [Published Co-operative News - Apr 11 2014]
The billion-dollar bash – how post-crisis inves... [Published Legal Week - Apr 11 2014]
Co-operative Group: how an ambitious mutual wen... [Published Guardian.co.uk - Apr 10 2014]
Growing opposition to HMRC's proposed new charg... [Published STEP Journal - Apr 10 2014]
Chinese Checkers with Gold Prices [Published Market Oracle - Apr 10 2014]
Co-op Bank faces fresh questions ahead of results [Published Telegraph - Apr 10 2014]
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Blogs

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Frontrunning: April 9 [Published Zero Hedge - Apr 09 2014]
Top Medicare Doctor Paid $21 Million in 2012, Data Shows ( BBG ) Separatists build barricades in east Ukraine, Kiev warns of force ( Reuters ) Greece launches sale of five-year bond ( FT ) High-Frequency Trader Malyshev Mulls Accepting Outside Investors ...
UK Government Deposit Confiscation Powers Faces... [Published Zero Hedge - Apr 07 2014]
Today’s AM fix was USD 1,299.00, EUR 946.93 and GBP 783.76 per ounce.                                                 Friday’s AM fix was USD 1,293.50, EUR 943.75 and GBP 780.02 per ounce. Gold climbed $17.20 or 1.34% Friday to $1,303.50/oz. Silver ...
VIDEO: Osborne 'vigilant' on debt [Published BBC News Video - Business - Apr 03 2014]
The Chancellor George Osborne has been defending his budget at the Treasury Select Committee, saying the government are concerned about household debt. ...
A democratic deficit? [Published Business: Dan Roberts on business | guardian.co.uk - Mar 26 2014]
The Treasury Select Committee earned its spurs during the financial crisis with some of the only public scrutiny of banks and regulators. But the need to rush through an emergency budget to deal with its aftermath has had an unfortunate side-effect: ...
SKETCH: Paul Flowers in Rehab on Newsnight [Published Guy Fawkes' blog - Mar 26 2014]
This Neo-Paxman, the non-judgmental, chastened, gently inquisitive human being – what late-life crisis produced him? Did Russell Brand overthrow him so completely? His interview with Rev Flowers last night – it must be why people don’t watch Newsnight ...
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