Posts tagged ‘Treasury’

Lords: Scotland is ‘overpaid’ by Barnett funding formula

The formula used to allocate government funds to Scotland, Wales and Northern Ireland is unfair and should be replaced.


Continue Reading July 18, 2009 at 12:20 pm Leave a comment

MPs discuss lump sums, pension funds and RPSM03105070

The Commons was awash with acromyms, schedules and figures on Wednesday night when Barry Gardiner undertook a “technical and complicated” discussion of the Finance Act 2004.

Continue Reading July 13, 2009 at 3:34 pm Leave a comment

Chancellor: reform of financial system will “rebuild for the future”

The Chancellor of the Exchequer Alistair Darling told MPs today that he intends to reform and strengthen the UK’s financial system and “rebuild it for the future.”

Continue Reading July 8, 2009 at 5:43 pm Leave a comment

Labour rebel MPs fail to secure amendment to Finance Bill on 10p tax

A group of Labour MPs failed to pass an amendment to the Finance Bill yesterday that would have forced the goverment to ensure nobody is financially worse off as a result of the abolition of the 10p rate of income tax.

Continue Reading July 8, 2009 at 5:33 pm Leave a comment

Senior MPs call for more powers to scrutinise government spending

The liaison committee has said the way public expenditure figures for Government programmes for future years are controlled.

Continue Reading July 7, 2009 at 10:37 am Leave a comment

New committee says government must support efficient recovery of UK oil and gas

UK oil and gas production peaked in 1999 and is now declining by around 5% annually.

Continue Reading July 6, 2009 at 2:37 pm Leave a comment

Treasury staff lacked “relevant skills” to deal with Northen Rock crisis

An influential committee of MPs has accused HM Treasury of being ill-equipped to deal with the crisis at high street bank Northern Rock in 2007.

Continue Reading June 30, 2009 at 1:37 pm 1 comment

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