Treasury Committee

A new report sets out the Treasury Select Committee’s assessment of the handling of the departure of previous Chief Executive Officer, Abby Thomas, from the Financial Ombudsman Service

The Government has confirmed that the Bank of England will monitor cash acceptance on an ongoing basis following a Treasury Select Committee report published earlier this year

The Lifetime ISA’s (LISA) dual-purpose design may be diverting people away from more suitable products and putting part of their savings at risk, according to a new report

The Treasury Committee has warned HMRC that its failure to report details of a breach affecting around 100,000 taxpayers is ‘unacceptable’ in a letter published today

A lack of action from the Government to tackle declining cash acceptance could lead to a two-tier society with the most vulnerable bearing the cost, the Treasury Committee finds

The Government’s preferred candidate for the role of Chair of the Crown Estate, Ric Lewis, has been approved by the Treasury Committee

The Treasury Committee is launching an inquiry into the NWF, aiming to understand if it has the tools and backing to drive meaningful growth in the UK economy

The Treasury Committee has published its reports on the appointments of Andrea Enria and David Soanes to the Bank of England’s Prudential Regulation Committee (PRC)

The Government has published a series of new documents on the Office for Value for Money (OVfM) which address issues raised by the Committee in its report earlier this year

At least 158 banking IT failure incidents affected millions of customers’ ability to access and use services between January 2023 and February 2025

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. 

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

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

A lack of resources, a very short lifespan and high risk of duplication has left MPs on the Treasury Committee sceptical about the newly established Office for Value for Money

The Treasury Committee is asking for evidence on whether the Lifetime Individual Savings Account (LISA) is still an appropriate financial product nine years after it was created

The report was the conclusion of work carried out by previous members of the Treasury Committee during the last parliament

A letter from the Office for National Statistics sets out an updated position on the Labour Force Survey in response to major concerns raised by the Chair of the Treasury Committee

The Treasury Committee will question the Bank of England Governor and members of the Monetary Policy Committee (MPC) at 10.15 next Tuesday. The session will focus on the Bank’s most recent Monetary Policy Report and the recent decision to reduce the Bank Rate by 0.25 percentage points to 4.75%.

The Committee is asking for evidence as it examines whether rules are needed to govern the acceptance of physical cash in the UK

The Treasury Committee today announces a series of evidence sessions which will scrutinise the Autumn Budget