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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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Committee news

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New Prudential Regulation Committee members approved by MPs
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)
12 March 2025
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Government shares further detail on Office for Value for Money following Committee report
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
11 March 2025
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More than one month’s worth of IT failures at major banks and building societies in the last two years
At least 158 banking IT failure incidents affected millions of customers’ ability to access and use services between January 2023 and February 2025
6 March 2025
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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
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New Treasury cost-saving unit sparks concerns of duplication and unclear benefits for taxpayer
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
20 January 2025
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Is the Lifetime ISA fit for purpose in 2025? Committee calls for evidence
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
7 January 2025
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Government response to predecessor Committee work on SME financing published
The report was the conclusion of work carried out by previous members of the Treasury Committee during the last parliament
12 December 2024
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ONS ‘paints a daunting picture’ on official data in letter to Treasury Committee
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
3 December 2024
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Bank of England Governor faces questions from MPs for the first time since general election
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%.
15 November 2024
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Acceptance of cash to be investigated by Treasury Committee
The Committee is asking for evidence as it examines whether rules are needed to govern the acceptance of physical cash in the UK
4 November 2024
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Chancellor, OBR and economists to appear in front of Treasury Committee next week
The Treasury Committee today announces a series of evidence sessions which will scrutinise the Autumn Budget
30 October 2024
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Treasury Committee membership appointed
The House of Commons has formally appointed the membership of the Treasury Committee
29 October 2024
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Dame Meg Hillier MP elected as Chair of the Treasury Committee
Dame Meg Hillier MP elected as Chair of the Treasury Committee
9 September 2024
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Nominations open for Treasury Committee Chair
Nominations open for Treasury Committee Chair
5 September 2024
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General Election 2024 - Select Committees
Following the dissolution of Parliament on 30 May 2024, all select committees have ceased to exist.
30 May 2024
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New Financial Policy Committee member approved by MPs
Treasury Committee confirms their approval of Liz Oakes’ appointment
22 May 2024
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MPs meet IMF staff privately following review of UK economic policy
MPs meet IMF staff privately following review of UK economic policy
21 May 2024
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Government refuses to ban non-disclosure agreements in all harassment cases
Government responds to Treasury Committee report on Sexism in the City
14 May 2024
Total results 1115 (page 1 of 56)