Economy and finance
Economy and finance news from UK Parliament.
Foreign Affairs Committee issues call for evidence on sanctions scrutiny
The Foreign Affairs Committee is today issuing a call for evidence on the UK’s sanctions strategy, focusing on the parliamentary scrutiny of sanctions.
12 February 2025
£5.5billion lost to tax evasion could be significant underestimate, PAC report warns
Huge gaps in Companies House reforms make fraud too easy as public bodies lack adequate powers to clamp down
12 February 2025
FCA and FOS sent letters by MPs on departure of Chief Ombudsman
The Treasury Committee has written to the Financial Conduct Authority (FCA) and Financial Ombudsman Service (FOS) about the circumstances which surrounded the departure of the Chief Ombudsman, Abby Thomas, last week.
11 February 2025
Bank outages: Committee demands answers from banks and building societies following Barclays IT failure
The Treasury Committee has written to CEOs at nine banks and building societies to request information on the scale and impact of IT failures over the last two years
10 February 2025
Lords debates impact of arts sector on jobs and growth
Members discuss contribution of creative industries to productivity, jobs and the government's growth plan. Catch up
07 February 2025
Lords concludes detailed check of National Insurance Contributions Bill
Members consider changes to draft law on national insurance contributions. Catch up
07 February 2025
Carbon capture: High degree of uncertainty whether risky investment by Govt will pay off
While lessons learned from past failures in introducing technology, PAC report warns Govt has not assessed likely impact on consumer energy bills of carbon capture programme
07 February 2025
Lords 'tidies up' Data (Use and Access) Bill
Members vote on intimate images as Data Bill has its final checks in the Lords. Find out more
06 February 2025
Failings in FCA proposals to publish enforcement investigations highlighted by Committee report
Financial Services Regulation Committee publishes its report ‘Naming and shaming: how not to regulate’.
06 February 2025
Asylum accommodation: Dysfunctional culture at Home Office must be confronted
Report into former HMP Northeye finds expert advice ignored and mistakes repeated
05 February 2025
International Agreements Committee visit to Cardiff
International Agreements Committee visists Cardiff for meetings with committees of the Senedd Cymru.
04 February 2025
Use of AI in banking, pensions and other financial services to be subject of new inquiry by MPs
A new inquiry by the Treasury Committee will consider the potential impacts of the increased use of Artificial Intelligence (AI) in banking, pensions and other financial services
03 February 2025
Three Select Committees call for funding certainty for BBC World Service
Three House of Commons Select Committees – the Culture, Media and Sport, Foreign Affairs and International Development Committees – have called on the Government to sufficiently resource the BBC World Service.
31 January 2025
Defence and Public Accounts Committees express “deep frustration” at lack of Defence Equipment Plan
For the last two years, the MOD has failed to publish the annual Equipment Plan, where it sets out its spending plans on equipment procurement and support projects over the next decade
31 January 2025
Corporate profit shifting discussed in the Lords
Members debate tax implications of companies shifting to low and zero-tax jurisdictions. Catch up
31 January 2025