Treasury Select Committee RSS feed

Harriet Harman disturbs the Pease

2009-10-21T05:51:32Z

Forget big bonuses - we need to stop the City gravy train

2009-10-16T07:54:35Z

A friend of mine who is something of an internet guru once pitched for a job to revamp a well-known company's website. Later, the managing director sought me out. "Your pal was superb." Then he frowned. "But we can't hire him"

MPs call for retail banks to split from �casinos�

2009-10-13T11:36:00Z

Leading MPs called on the Government to force investment banks to be split from retail banks in its forthcoming legislation on banking regulation

City Spy: Carter's quick to grab private desk

2009-07-24T07:36:22Z

So the Treasury Select Committee is to launch an investigation into unequal opportunities and sexism in the City? That will be an investigation then by a committee of MPs made up of just one woman and 13 white blokes

Bank chief: Worst house price falls over

2009-07-02T09:23:40Z

Who are MPs to call others naive? They haven't a clue

2009-05-18T07:21:04Z

Please sir, in my next life can I be John McFall or, failing that, a member of his Treasury Select Committee? The reason I ask is that it must be great fun to sit in judgment on others, to not have a clue how their industry works or where they're coming from, and then to slag them off...

Don't be too harsh on us, say bankers

2009-05-15T08:25:51Z

Bankers hit back at criticism from the Treasury Select Committee, claiming that new regulations on pay could damage the wider economy

Tullett gets a boost from weak pound

2009-05-14T08:13:25Z

Broking house Tullett Prebon reported a 10% rise in revenues as it faced shareholders over the �4.5 million bonus paid to chief executive Terry Smith

Bonus storm hits top Tory foe of fat cats

2009-05-12T08:21:18Z

Michael Fallon, the senior Conservative on the Treasury Select Committee, was facing a backlash after approving a multi-million-pound bonus to a top City executive

Labour MPs rubbish Darling�s �optimistic� recovery forecasts

2009-05-06T13:11:38Z

Alistair Darling�s confident forecast of a return to economic growth next year was blasted as �optimistic� in a cross-party report

The case for bringing the banking big shots to heel

2009-05-01T06:41:18Z

People who say the Treasury Select Committee report into the banking crisis tells us little we did not already know rather miss the point

MPs should try grilling Bank�s rate-setters

2009-04-21T10:36:51Z

Goldman faces a double grilling on Rock rescue role

2009-03-20T14:43:19Z

Goldman Sachs faces two Parliamentary inquiries into its role as Government adviser during the nationalisation of Northern Rock

Myners goes for broker in clash with MP

2009-03-19T08:44:46Z

Lord Myners' appearance before the Treasury Select Committee this week saw harsh words directed at the City minister by Tory MP Michael Fallon

MPs must find new targets for their pot-shots

2009-03-18T10:21:20Z

Shareholders must raise their game to stop the rot

2009-03-13T09:07:29Z

After two years in which the market value of the banking sector as measured by the FTSE 100 index has gone from �325 billion to �35 billion, it is surprising how rarely people ask what the institutional shareholders were doing when the bank managements were setting off down the path to destruction

Top shareholders can and should do more to stop reckless bosses

2009-02-13T08:51:43Z

Analysis: The blame game over the banking crisis is in overdrive with the former heads of Royal Bank of Scotland and HBOS in the dock this week

Treasury Select Committee MPs don't have a clue

2009-02-12T08:49:24Z

The bankers have been given quite a kicking for their role in the financial crisis this week. But something else became all too clear in Westminster: almost no one on the Treasury Select Committee has a clue what they are doing.

They were still in denial, all the way to the precipice

2009-02-12T08:30:24Z

Revenge, as everyone knows, is a dish best served cold, and Paul Moore must be feeling satisfied today. It's nearly four years since he was sacked by Sir James Crosby and for much of that time his claims, that he had been pushed out because of his warnings about the risks that HBOS was running, were ignored. Even last year, as the banks were sliding into the mire, his protests on the BBC did not gain much traction.

Darling's 'duty to repay councils'

2009-02-03T15:58:39Z

Chancellor Alistair Darling fuelled the run on Iceland's banks and has a "moral" obligation to help repay the �1billlion lost by British councils as a result, MPs were told

Rule-breaking is out of order

2009-02-02T12:26:32Z

Peter Chambers, who as head of the investment arm of Legal & General is one of the most influential shareholders in the country, told the Treasury Select Committee last week how difficult it was to get boards and chief executives of companies to listen to the concerns of shareholders and act upon them

Treasury �hiding� true cost of banks bail-out, say MPs

2009-01-23T09:51:33Z

Chancellor Alistair Darling should come clean over the true cost to the taxpayer of the Government�s multi-billion-pound bank bail-out schemes, MPs said

Hint of more rate cuts as King backs Darling

2008-11-25T14:07:28Z

Budget report: The Bank of England has backed the Government's �20 billion gamble to save the economy but hinted that further cuts in interest rates are still needed

The fallout from the bank rescue

2008-10-14T08:14:19Z

JUST as the markets appear to be stabilising in response to the banking bail-outs, there comes a rude reminder that out in the real economy, the situation is worsening. Inflation for September on the Consumer Prices Index rose to 5.2 per cent

Iceland row puts rating agencies in firing line

2008-10-14T08:25:50Z

Pressure is mounting for an in-depth investigation into the big three credit rating agencies, which stand accused of missing banking problems ranging from Iceland to the US subprime mortgage crisis

Reasons to believe oil prices may ease soon

2008-07-17T09:52:23Z

It is too early to say whether this week's wobble in the oil price marks the top, but there are reasons to think it might - and if it does, it is the best possible news for a beleaguered world economy

Builders on slide after 'worse than Nineties' warning

2008-06-26T12:40:12Z

Housebuilders' shares are back on the slide after a top Bank of England official declares the current slump in building activity is even worse than in the 1990s recession

Aviva's �5 billion balancing act

2008-05-21T14:19:53Z

This generation of policyholders will get a significant windfall simply by being in the right place at the right time

City turning a blind eye to market abuse, FSA tells MPs

2008-05-07T08:35:48Z

The financial watchdog accused City firms of turning a blind eye to market abuse and called for the introduction of plea bargaining to bolster its fight against insider trading.

Nationwide raising its home loan rates

2008-03-27T13:47:43Z

Nationwide Building Society is increasing its mortgage rates