Committees

Treasury Committee

Commons Select Committee

The Treasury Committee is appointed by the House of Commons to examine the expenditure, administration and policy of HM Treasury, HM Revenue & Customs, and associated public bodies, including the Bank of England and the Financial Conduct Authority. You can follow the Committee on X (formerly Twitter) using @CommonsTreasury.

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6 current inquiries

Inquiries allow committees to consider oral and written evidence on a particular topic. They usually result in the publication of a report.

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Work of Financial Ombudsman Service
Opened 5 February 2025
Work of HM Treasury
Opened 5 February 2025
AI in financial services
Written evidence:
Accepting
Deadline 17 March 2025
Opened 3 February 2025
Lifetime ISA
Opened 6 January 2025
Acceptance of Cash
Opened 4 November 2024
Budget 2024
Opened 29 October 2024

Non-inquiry work

Pre-appointment hearings
People nominated to certain public offices may be examined by a committee to assess their suitability and plans for the role.
Non-inquiry sessions
Non-inquiry sessions are brief packages of work that will not necessarily result in a report. They may be used to revisit previous inquiry topics or take evidence on a topical matter.
Regular evidence sessions
Some committees take evidence from certain officeholders or organisations on a regular basis outside the structure of an inquiry.

Latest news

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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
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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
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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
3 February 2025

Upcoming events

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Wednesday 26 February 2025
2:00pm Private
Oral evidence session 26 February 2025
TBC
Tuesday 25 February 2025
9:30am
Private meeting 25 February 2025
TBC

Latest publications

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HMRC 2024-25 Supplementary Estimate memorandum
Open PDF
551KB
Estimate memoranda
Correspondence from the Chancellor of the Exchequer, relating to Digital Gilt, dated 3 February 2025
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1MB
Correspondence
Correspondence from the Chair to the Chancellor of the Exchequer, relating to Digital Gilt, dated 5 December 2024
Open PDF
125KB
Correspondence

Contact us

We receive a significant number of emails each day. If you’ve asked for a reply, we’ll aim to respond as soon as we can, although during parliamentary recesses it may take slightly longer for us to respond. We’re usually able to reply more quickly to emails than to post. Please note, the Committee does not look at individual cases or specific complaints.