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....A No 10 spokesman said the UK's Ambassador to the EU, Sir Tim Barrow, informed the European Council, headed by President Donald Tusk, earlier on Monday of the date that Article 50 would be triggered. Mrs May is expected to make a statement to the House of Commons on Wednesday shortly after invoking Article 50, setting out her aims. ... [Read full article on BBC ]
Monday 20th of March 2017 11:39:42 AM
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....”. Having a measurable target will help focus government and business attention on the need to increase spending, the CBI says, citing evidence from other bodies, including the House of Commons science and technology committee, arguing for 3% as a level proven to boost growth and jobs. ... [Read full article on Guardian ]
Monday 20th of March 2017 07:01:30 AM
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....Fraud investigators have launched a review of the activities of Britain’s high street banks following revelations in the Guardian about a $20bn money laundering scam that MPs described as a national disgrace and scandal. Forced to answer urgent questions in the House of Commons, the Treasury minister Simon Kirby announced the Financial Conduct Authority (FCA) and the National Crime Agency (NCA) would be examining allegations that Britain’s banks processed vast amounts of tainted money from Russian criminals without noticing. ... [Read full article on Guardian ]
Tuesday 21st of March 2017 06:33:29 PM
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....Breaking: I will shortly be announced as editor of Heat magazine. £75,000 a year as MP for TattonOsborne will face conflicting loyalties to his constituents, who elected him on a Conservative manifesto to follow the party whip in the House of Commons, and to his readers, overseeing supposedly balanced news coverage holding the government to account – including over decisions he made while chancellor. ... [Read full article on Guardian ]
Friday 17th of March 2017 12:51:44 PM
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....”. Penrose secured a House of Commons debate this week on energy bills. ... [Read full article on Guardian ]
Saturday 18th of March 2017 07:00:32 AM
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....”. During a House of Commons debate regarding energy bills, Conservative MP John Penrose reiterated his call for a relative price cap, where there is a limit on the gap between the worst and best deals. ... [Read full article on Guardian ]
Friday 17th of March 2017 04:53:15 PM
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...."It's affecting people worldwide and it's growing all the time," she said. Ms Turnham gave her experiences to a House of Commons select committee hearing about ticket abuse on Tuesday. ... [Read full article on BBC ]
Tuesday 21st of March 2017 05:40:43 PM
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....Former Conservative foreign secretary Malcolm Rifkind said Osborne the editor would face challenges: “The news stories will inevitably involve parliamentary colleagues and government policy, so that will be difficult. But it used to be standard practice for barristers who sat on the backbenches to come into the House of Commons after court. ... [Read full article on Guardian ]
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Latest Finance News related to House Of Commons

Police to examine 'Global Laundromat' money laundering allegations image
Source : Guardian [Read Article] Tuesday 21st of March 2017 06:33:29 PM
....Fraud investigators have launched a review of the activities of Britain’s high street banks following revelations in the Guardian about a $20bn money laundering scam that MPs described as a national disgrace and scandal. Forced to answer urgent questions in the House of Commons, the Treasury minister Simon Kirby announced the Financial Conduct Authority (FCA) and the National Crime Agency (NCA) would be examining allegations that Britain’s banks processed vast amounts of tainted money from Russian criminals without noticing. ...
The woman taking on ticket website Viagogo image
Source : BBC [Read Article] Tuesday 21st of March 2017 05:40:43 PM
...."It's affecting people worldwide and it's growing all the time," she said. Ms Turnham gave her experiences to a House of Commons select committee hearing about ticket abuse on Tuesday. ...
Article 50: Theresa May to trigger Brexit process next week image
Source : BBC [Read Article] Monday 20th of March 2017 11:39:42 AM
....A No 10 spokesman said the UK's Ambassador to the EU, Sir Tim Barrow, informed the European Council, headed by President Donald Tusk, earlier on Monday of the date that Article 50 would be triggered. Mrs May is expected to make a statement to the House of Commons on Wednesday shortly after invoking Article 50, setting out her aims. ...
Brexit-proof the UK economy with more R&D, say employers image
Source : Guardian [Read Article] Monday 20th of March 2017 07:01:30 AM
....”. Having a measurable target will help focus government and business attention on the need to increase spending, the CBI says, citing evidence from other bodies, including the House of Commons science and technology committee, arguing for 3% as a level proven to boost growth and jobs. ...
George Osborne told to choose whether to be MP or Standard editor image
Source : Guardian [Read Article] Sunday 19th of March 2017 11:32:55 AM
....Former Conservative foreign secretary Malcolm Rifkind said Osborne the editor would face challenges: “The news stories will inevitably involve parliamentary colleagues and government policy, so that will be difficult. But it used to be standard practice for barristers who sat on the backbenches to come into the House of Commons after court. ...
Theresa May echoes Ed Miliband with promise to reform energy market image
Source : Guardian [Read Article] Friday 17th of March 2017 04:53:15 PM
....”. During a House of Commons debate regarding energy bills, Conservative MP John Penrose reiterated his call for a relative price cap, where there is a limit on the gap between the worst and best deals. ...
George Osborne facing calls to quit as MP over Evening Standard job image
Source : Guardian [Read Article] Friday 17th of March 2017 12:51:44 PM
....Breaking: I will shortly be announced as editor of Heat magazine. £75,000 a year as MP for TattonOsborne will face conflicting loyalties to his constituents, who elected him on a Conservative manifesto to follow the party whip in the House of Commons, and to his readers, overseeing supposedly balanced news coverage holding the government to account – including over decisions he made while chancellor. ...
Sports Direct calls executive pay report 'fake news' image
Source : BBC [Read Article] Wednesday 15th of March 2017 09:59:54 AM
.... . A report by the House of Commons Business, Innovation and Skills committee said employees of the company were "not treated as humans". ...
How to beat UK energy price rises image
Source : Guardian [Read Article] Monday 13th of March 2017 12:20:57 PM
.... “We still get lots of competition, lots of choice, but it does mean the most vulnerable of us or those of us with least time to switch suppliers don’t get ripped off,” said Penrose. Penrose has secured a House of Commons debate on Thursday on energy bills. ...
Deal to allow individual Britons EU rights must go both ways, Theresa May told image
....Meanwhile, it has been reported that May could trigger article 50, the formal process for leaving the EU, as early as Tuesday if the Brexit bill passes on Monday. The article 50 legislation, which passed through the House of Commons unamended, is due to be debated by MPs on Monday. ...
UK households spent £180m on 'unnecessary' power capacity – report image
Source : Guardian [Read Article] Monday 13th of March 2017 06:01:24 AM
.... Last year Deepmind said it had cut total energy use at its data centres by 15% by using machine learning. The row over how much spare capacity the UK should have to pay for comes ahead of a House of Commons debate about energy bills on Thursday. ...
UK average annual rents fall for first time in six years image
Source : Guardian [Read Article] Monday 13th of March 2017 06:00:24 AM
.... Despite the small decrease over the past 12 months, the average rent in Britain is still £112 higher than the previous peak in 2007, even though average incomes have only edged ahead since the financial crisis. The government’s white paper on housing last month acknowledged that England’s housing market is “broken”, with the communities secretary, Sajid Javid, telling the House of Commons that rents in many places swallow more than half of take-home pay. ...
No-deal Brexit 'would put UK in worst trading position of rich nations' image
....Open Britain, which groups a series of formerly pro-remain MPs from Labour, the Conservatives and the Liberal Democrats, said leaving with no deal would mean the UK “choosing the most extreme position of all major trading nations”. The research, by the House of Commons library, found that the EU does not currently trade with any G20 member without some sort of preferential trade arrangement in place. ...
Volkswagen pleads guilty to all criminal charges in emissions cheating scandal image
....3bn in civil and criminal penalties – the largest ever levied by the US government against an automaker –although VW’s total cost of the scandal has been pegged at about $21bn, including a pledge to repair or buy back vehicles. As recently as 20 February, the company’s executives insisted they had “misled nobody” in testimony before the British House of Commons’ transport select committee. ...
Striver? Tory architect of austerity George Osborne banks £1m fortune image
.... On 18 January he collected a further £51,829 for a two-hour speech to HSBC’s top clients at Davos, where he was pictured socialising with George and Amal Clooney. The House of Commons was also sitting when he gave speeches at Stanford University in California and for Palmex Derivatives in New York in October and to ITP Publishing in Dubai on 28 November. ...
George Osborne to be paid £650,000 for working one day a week image
Source : Guardian [Read Article] Wednesday 8th of March 2017 06:34:36 PM
....Last month, he justified the decision to take on multiple roles while also being an MP, saying his work represented a “varied and interesting” contribution to national life. While speaking on a panel as chair of the Northern Powerhouse Partnership, Osborne was asked whether his paid work outside the House of Commons, including BlackRock, represented a conflict of interest. ...
Theresa May must give Vauxhall assurances over Brexit, says Labour image
Source : Guardian [Read Article] Monday 6th of March 2017 08:03:56 PM
.... Vauxhall employs 4,500 people at plants in Ellesmere Port, Merseyside, and Luton, Bedfordshire. Greg Clark, the business secretary, told the House of Commons on Monday that the government was “cautiously optimistic” about the deal. ...
Sick Parcelforce couriers can be charged up to £250 if they can't find cover image
....”. Frank Field MP, who chairs the House of Commons work and pensions committee, said: “It almost looks as though some companies are now engaged in a bidding war, to see who can slap the biggest penalty on workers who are sick. ...
Peugeot owner PSA close to deal to buy Vauxhall and Opel image
Source : Guardian [Read Article] Saturday 4th of March 2017 07:26:55 AM
....Nonetheless, the current business secretary has promised the government’s “unbounded commitment” to protecting jobs at Vauxhall. Clark told MPs in the House of Commons last month the government would “do everything we can” to protect Vauxhall. ...
Government defeated on Brexit bill image
Source : BBC [Read Article] Wednesday 1st of March 2017 07:06:57 PM
....The vote, by 358 to 256, is the first Parliamentary defeat for the government's Brexit bill. However, MPs will be able to remove their changes when the bill returns to the House of Commons. ...
Sir Philip Green's reputation 'still stained' despite BHS pension deal image
.... . He said Sir Philip's knighthood was a separate issue and nothing had changed in his opinion since the House of Commons unanimously backed a non-binding motion to strip Sir Philip of his title last October. ...
Tory £1bn inheritance tax cut 'will worsen north-south divide' image
Source : Guardian [Read Article] Tuesday 28th of February 2017 07:20:48 PM
....She said that pressing ahead with the plans would show a “skewed sense of priorities” and make a “total sham” of the Conservatives’ claim to be on the side of working families who were just about managing. The research, carried out by the House of Commons’ library, showed that the four constituencies in the top 100 outside the south-east were Tatton (12. ...
Chris Grayling tells Japan: some of our trains are superior to yours image
Source : Guardian [Read Article] Sunday 26th of February 2017 05:03:58 PM
....”. James Cleverly, a leading Conservative Brexiter who sits on the House of Commons’ influential international trade committee, spoke with officials at an event hosted by the Japanese embassy this month. ...
What’s the point of building a million new homes if they’re not fit to live in? | John Harris image
.... The most spectacular case is that of a development called Solomon’s Passage in Peckham, south London: four housing blocks completed in 2010 that were plagued with leaks, fire protection issues and defective balconies, until the housing association in charge – Wandle, which owns about 7,000 homes across the capital – decided to tear two of them down and start again. So what is going on? A report by the clunkily named House of Commons all-party parliamentary group for excellence in the built environment (the report today mysteriously disappeared online) and it is all there: “Housebuilders have targets to achieve … the quality is reduced as they rush … Builders substitute products specified by the architect with cheaper products … Housebuilders’ own quality control systems are not fit for purpose. ...
Sajid Javid: Budget help for firms hit by rates rise image
Source : BBC [Read Article] Wednesday 22nd of February 2017 08:42:17 PM
....In the face of opposition from business groups and some Conservative MPs, the government has defended the reforms and said 2017-18 "will see the biggest ever cut in business rates" and "three-quarters of all businesses, right across the country, will see their rates either fall or stay the same". But Mr Javid told the House of Commons he was "acutely aware" of problems for some others, saying: "There are clearly some individual businesses facing particular difficulties. ...
Amazon, Deliveroo and Uber 'still viable' with no gig economy workers image
Source : Guardian [Read Article] Wednesday 22nd of February 2017 02:32:09 PM
....Senior executives working for the three firms, as well as the delivery company Hermes, told MPs that a change in the law being considered by the government to give more workers in the so-called gig economy basic employment protections would not force their businesses to close. The admission was made to the House of Commons work and pensions committee, which is chaired by the Labour MP Frank Field, during a 90-minute hearing in which senior MPs strongly criticised the companies for using self-employed workers to avoid significant costs including national insurance and pensions contributions. ...
Ministers expected to soften impact of business rate changes image
Source : Guardian [Read Article] Tuesday 21st of February 2017 09:03:22 PM
....Communities secretary Sajid Javid is likely to join the chancellor, Philip Hammond, in adopting a more empathetic tone about the anger triggered by the decision to revaluate the rates based on updated property prices. The Guardian understands that Javid – who has been criticised for holidaying in Dubai at the height of the controversy – will face politicians in the House of Commons on Wednesday, where he is likely to promise to take action to soften its implementation. ...
Fears grow for Vauxhall jobs as government vows to do all it can image
Source : Guardian [Read Article] Monday 20th of February 2017 07:31:35 PM
....Fears are growing about plants in Ellesmere Port and Luton as the French owner of Peugeot and Citroën, PSA Group, presses ahead with talks to buy General Motors’ European business, which includes Opel in Germany and Vauxhall in the UK. Greg Clark told the House of Commons the government would “do everything we can” to protect Vauxhall and had held constructive talks with the bosses of GM and PSA. ...
Fancy some sun, sea and sand? Brexit means it will cost you 15% more image
Source : Guardian [Read Article] Sunday 12th of February 2017 07:01:00 AM
. Far from the political arguments raging through the House of Commons, some of the first real-life effects of the Brexit referendum will soon be found in a deli in New York or a bar on the Costa Brava. ...
Osborne’s bleak Brexit forecast ‘has undermined the Treasury’ image
Source : Guardian [Read Article] Sunday 12th of February 2017 12:04:29 AM
.... “His influence with her is not as strong as Osborne’s was with Cameron,” he said. Osborne told the House of Commons during the Brexit debates that the government had decided not to prioritise the economy in the forthcoming talks. ...
Government willing to admit UK housing market is
Source : Daily Express [Read Article] Sunday 12th of February 2017 12:01:00 AM
....5 times earnings in some places, while rents can swallow more than half of take-home pay. These figures were revealed by Communities Secretary Sajid Javid in the House of Commons, when announcing plans to solve the crisis. ...
England's housing market is 'broken', government admits in white paper image
Source : Guardian [Read Article] Tuesday 7th of February 2017 01:32:18 PM
....England’s housing market is broken, the government has admitted, with home ownership a “distant dream” for young families, as it unveiled a white paper promising a fresh wave of home building. The communities secretary, Sajid Javid, told the House of Commons that average house prices had jumped to 7. ...
PM to reaffirm green belt pledge despite plans to ramp up housebuilding image
Source : Guardian [Read Article] Sunday 5th of February 2017 12:34:41 PM
.... It is unforgivable,” Mitchell wrote. The number of homes granted planning permission on green belt land rose fivefold from 2,258 in 2009-10 to 11,977 in 2014-15, according to the House of Commons library. ...
Britain’s rail franchise model unfit for purpose, say MPs image
Source : Guardian [Read Article] Sunday 5th of February 2017 10:07:02 AM
....Britain’s rail franchising model is no longer fit for purpose, not providing competition and letting passengers down, MPs have warned. A report from the House of Commons transport select committee said the government was failing to hold train operators to account, while “serious deficiencies” in the Department for Transport (DfT) meant the government should consider transferring some of its franchising powers. ...
Npower prices hike sparks crackdown threat against energy providers image
Source : Guardian [Read Article] Friday 3rd of February 2017 10:09:47 AM
....The government is expected to address concerns about the energy market when it publishes a consumer green paper in the spring. Iain Wright, the Labour MP who chairs the House of Commons’ business, energy and industrial strategy committee, said the price hikes showed that npower took its loyal customers for granted. ...
Hermes facing legal challenge from its self-employed workers image
Source : Guardian [Read Article] Thursday 26th of January 2017 01:26:01 PM
.... The company has previously said it is “confident in the legality of our self-employed courier model”. Field, the chairman of the House of Commons work and pensions select committee, said he has supplied GMB and its lawyers with the details of 20 Hermes couriers who came forward to complain about working terms and conditions after the Guardian’s investigation. ...
'Zero tolerance' for pregnancy discrimination in workplace – minister image
Source : Guardian [Read Article] Thursday 26th of January 2017 12:01:02 AM
....Pregnant women and new mothers may need greater protection from redundancy, the government has said. Margot James, a business minister, promised a consultation on how to protect women from losing their jobs when they become parents, after a call for action from the House of Commons women and equalities committee. ...
Lloyds bank accounts targeted in huge cybercrime attack image
Source : Guardian [Read Article] Monday 23rd of January 2017 12:20:26 PM
....”. Andrew Tyrie, chair of the House of Commons Treasury select committee, called for the financial services industry to create a single point of responsibility to tackle cyber risks. ...
Housing benefit claimants increasingly shut out of private rental market image
Source : Guardian [Read Article] Saturday 21st of January 2017 07:00:28 AM
.... It found there was just one studio flat. A recent House of Commons Library briefing paper stated that such restrictions were “unlikely to amount to direct discrimination, as income and employment status are not protected characteristics under the Equality Act 2010”. ...
Stonewall names Lloyds the UK's most inclusive employer image
Source : Guardian [Read Article] Thursday 19th of January 2017 12:01:22 AM
....Others named include several police forces, universities, the National Crime Agency and the army. The House of Commons was placed 28th. ...
For a better parallel with Donald Trump, try Enoch Powell image
Source : Guardian [Read Article] Thursday 12th of January 2017 03:54:10 PM
.... Quitting the party left him a political outcast. Although Powell quit the House of Commons once and for all only in 1987, his political influence was increasingly marginal. ...
MPs tell Theresa May to halt sale of Green Investment Bank image
Source : Guardian [Read Article] Wednesday 11th of January 2017 03:04:21 PM
....Theresa May has been urged to stop the Green Investment Bank being “killed off” by a sale to private firm Macquarie, amid fears the assets will be stripped and its environmental purpose abandoned. MPs from across the parties raised concerns about the proposed sale in the House of Commons, after Caroline Lucas, co-leader of the Green party, called a debate arguing the whole process should be stopped. ...
Jeremy Corbyn calls for maximum wage law image
Source : Guardian [Read Article] Tuesday 10th of January 2017 09:22:20 AM
....Corbyn max wage idea idiotic firms would simply pay workers by giving profit shares. Former Labour MP Denis MacShane welcomed the idea, however, saying he had first proposed the idea of a maximum wage bill in the House of Commons 23 years ago. ...
Dieselgate: UK motorists file class-action suit against VW image
Source : Guardian [Read Article] Monday 9th of January 2017 09:26:28 AM
....”. Mary Creagh MP, a Labour politician and chair of the House of Commons environmental audit committee, said: “In the US Volkswagen faces multibillion-dollar payouts to drivers in environmental fines and in compensating motorists who purchased vehicles with cheat devices. ...
Shopper's champion goes on the offensive over UK retail's sexist surcharge image
....Tesco’s concession is already being viewed as one of the major victories in the war to end gender price discrimination on the high street. The news added just a little extra lustre to a short but glittering parliamentary CV that includes: persuading Boots to pilot a scheme to let customers gift sanitary products to food banks; forcing WH Smith to lower product prices in hospital shops to match those in high street stores; and making House of Commons history in her bid to abolish the so-called tampon tax. ...
UK household debt now a record £13,000, says TUC image
Source : BBC [Read Article] Sunday 8th of January 2017 12:28:50 AM
.... . Students who began studying in England in 2012 are expected to leave university with debts of almost £40,000, according to a House of Commons Library paper published last month. ...
Sports Direct chairman survives shareholder revolt image
Source : BBC [Read Article] Thursday 5th of January 2017 01:50:20 AM
.... . A report by the House of Commons Business, Innovation and Skills committee said employees of the company were "not treated as humans". ...
Tesco cuts price of women's razors so they cost the same as men's image
Source : Guardian [Read Article] Sunday 1st of January 2017 01:30:16 PM
.... Daniels also insisted that Tesco had changed its pricing strategy so it was “moving away from large, short-term promotions to focus on prices that are consistently low and affordable, and simpler to understand”. Sherriff’s most significant parliamentary triumph since entering the House of Commons last year was forcing the government to confront the EU over the 5% VAT it makes countries impose on sanitary products. ...
Housebuilders must halt leasehold sale of new houses, says minister image
Source : Guardian [Read Article] Tuesday 20th of December 2016 05:16:06 PM
....Major housebuilders such as Taylor Wimpey and Persimmon may be forced to spend millions compensating home buyers locked into unfair leasehold contracts, following a warning by housing minister Gavin Barwell. Amid accusations in the House of Commons of “the PPI scandal of the property sector”, Barwell ordered developers to halt future sales of leasehold houses or face government action next year. ...
Chris Grayling: Tory in combative mood to deal with rail union bosses image
Source : Guardian [Read Article] Monday 19th of December 2016 07:00:14 AM
.... The attempted ban on books being sent into prisons, the controversial shake-up of legal aid and mandatory court fees all went down badly. These were all scrapped by his successor, Michael Gove, when Grayling was moved to the political equivalent of the departure lounge in the role of leader of the House of Commons. ...
EU politicians believe trade deal could take decade, No 10 is warned image
Source : Guardian [Read Article] Thursday 15th of December 2016 11:01:16 AM
....”. Speaking later in the House of Commons, Mark Garnier, a trade minister, said Rogers had been reporting the views of “interlocutors”. ...
Pressure grows to refer Rupert Murdoch's Sky bid to Ofcom image
Source : Guardian [Read Article] Monday 12th of December 2016 05:38:11 PM
....Karen Bradley, the culture secretary, is under growing pressure to refer Rupert Murdoch’s £11. 2bn proposed bid for full control of television broadcaster Sky to the media watchdog, as MPs from all parties expressed concern about the deal in the House of Commons. ...
Heard the latest Christmas story? It’s about how UK banks pay all their taxes | Prem Sikka image
....PwC can hardly deny awareness of such matters, as numerous episodes have exposed its own complicity. For example, the UK House of Commons public accounts committee has accused the firm of promoting tax avoidance “on an industrial scale”. ...
Pfizer fined record £84.2m for overcharging NHS image
Source : BBC [Read Article] Wednesday 7th of December 2016 07:20:15 AM
....The government is seeking to tighten up regulation of generic drugs price rises. The Health Service Medical Supplies (Costs) Bill passed its third reading in the House of Commons on Tuesday. ...
New era of housebuilding needs new property laws image
Source : Guardian [Read Article] Saturday 3rd of December 2016 07:00:15 AM
....Labour has committed to banning new houses being sold as leasehold, in a boost for Guardian Money’s campaign against escalating ground rents that have made some homes virtually unsaleable. The promise, by Labour’s shadow secretary of state for housing John Healey, comes just days after the government, in answer to a question in the House of Commons, pledged to “stamp out” the abuses highlighted by us. ...
George Osborne defends earning £320,000 on speaking tour image
Source : Guardian [Read Article] Friday 2nd of December 2016 04:47:13 PM
....Speaking before a meeting in Liverpool of his new business-led thinktank, the Northern Powerhouse Partnership (NPP), Osborne acknowledged the project was still in its infancy. “It’s early days but there is real excitement in the north and if I can sustain it through the partnership I have created, through the meetings we have been having, through my voice in the House of Commons, that’s a good thing. ...
Government promises to stamp out abuses of new-build ground rent scandal image
Source : Guardian [Read Article] Tuesday 29th of November 2016 07:00:42 AM
....Bottomley, MP for Worthing West, has been among the sternest critics of leasehold issues for many years. In a House of Commons question following the government’s promise to build thousands of new homes, he said: “Given that half the new homes will be leasehold, and given the past problems, the present difficulties and the future possibilities of abuse, will my right honourable friend please get together with the Sunday Times and the Guardian, who are covering these abuses, and reassure ordinary people buying their first home that they don’t find it unsaleable and of no value when they come to leave?”. ...
Of course the forecasts are bad: no one has a plan for Brexit image
Source : Guardian [Read Article] Sunday 27th of November 2016 07:00:54 AM
....“The 17 million [Leave voters] represented no one other than themselves. The members of the House of Commons represent all 64 million of us, whether voters or not. ...
Brexit will blow £59bn hole in public finances, admits Hammond image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 08:39:09 PM
....Treasury sources said this approach would leave him room for manoeuvre to take emergency measures, if the economy weakens more sharply than expected, as article 50 is triggered next year. In the House of Commons, Hammond’s predecessor Osborne, who rose from the back benches to congratulate him on his “assured delivery”, said: “The independent OBR has given us a very sober assessment of the economic and borrowing challenges that Britain faces and the chancellor is right to keep his powder dry. ...
A hard times chancellor with little to give away | Anne Perkins image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 07:05:14 PM
.... Instead the work allowance, beyond which it starts to be withdrawn, was left unchanged. Though the rate at which it tapers off as earnings increase is very slightly slowed from 65p to 63p in the pound, according to House of Commons figures, that means a working family with two children could be £800 instead of £1,100 a year worse off,. ...
Chancellor to close tax avoidance loophole exposed by Guardian image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 05:31:10 PM
....”. The disclosure of the schemes prompted Frank Field, the chairman of the House of Commons work and pensions select committee, to ask HMRC to investigate. ...
MP asks if Sir Philip Green’s yacht could be seized in BHS row image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 08:03:23 AM
....MPs have raised the prospect that Sir Philip Green’s multimillion-pound superyacht and other assets could be seized to help plug the hole in the BHS pension fund. The chairman of the House of Commons work and pensions committee, Frank Field, has written to the pensions regulator (TPR) seeking clarification as to its powers following the store chain’s collapse. ...
Will rents go up if unfair letting fees are banned? image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 12:01:49 AM
....But Scottish letting agent groups disagree, arguing that rents rose when fees were banned. A House of Commons select committee decided the evidence was inconclusive. ...
Autumn statement: Hammond to crack down on letting fees image
Source : Guardian [Read Article] Tuesday 22nd of November 2016 10:15:47 PM
....The Conservative party press office put out a statement saying that Ed Miliband’s policy would “lead to higher rents” while the same message was delivered by the local government minister, Marcus Jones, who is still in position. He told MPs in the House of Commons: “Banning or capping letting agent fees would not make renting any cheaper for tenants – tenants would still end up paying but through higher rents. ...
Black Friday night’s all right for fighting image
Source : Guardian [Read Article] Sunday 20th of November 2016 07:00:30 AM
....However, this one might be different. That House of Commons talk on Wednesday is to be delivered by Mohamed El-Erian, Allianz’s chief economic advisor and the former boss of bond giant Pimco, who takes a far more nuanced approach to the guessing game that is economic forecasting. ...
Labour MP calls for urgent investigation into tax avoidance scheme image
Source : Guardian [Read Article] Wednesday 16th of November 2016 11:42:27 AM
....HM Revenue & Customs has been asked by an influential Labour MP to launch an urgent investigation into an aggressive tax avoidance scheme used by recruitment agencies that is depriving the taxpayer of “hundreds of millions” of pounds. Frank Field, the chairman of the House of Commons work and pensions select committee, also asked that Jon Thompson, chief executive and permanent secretary to HMRC, looks into recouping any revenues lost after details of the scheme were revealed by the Guardian on Tuesday. ...
BHS scandal: Dominic Chappell arrested amid tax investigation image
Source : Guardian [Read Article] Sunday 13th of November 2016 11:08:49 AM
.... However, no deal has been forthcoming and the tycoon was photographed on his new yacht during the summer. Last month, the House of Commons voted unanimously to strip Green of his knighthood, which was awarded a decade ago for services to retail. ...
Pensions Regulator seeks 'multiples of £1m' from Chappell over BHS image
Source : Guardian [Read Article] Thursday 10th of November 2016 07:43:58 PM
.... However, no deal has been forthcoming and the tycoon was photographed on his new yacht during the summer. Last month, the House of Commons voted unanimously to strip Green of his knighthood, which was awarded a decade ago for services to retail. ...
New Heathrow runway may be built above the M25 image
Source : BBC [Read Article] Wednesday 26th of October 2016 08:45:37 AM
....But Ms Greening said she was "extremely disappointed", while Mr Johnson said there were "colossal" problems with the proposal and anticipated it would be "snarled up" in legal cases. A public consultation will now be held on the effects of airport expansion before the government puts the decision to the House of Commons as part of a National Policy Statement on aviation. ...
Ministers order HMRC crackdown on ‘gig economy’ firms image
Source : Guardian [Read Article] Thursday 20th of October 2016 07:49:08 PM
....”. Field, the Labour MP who chairs the House of Commons work and pensions select committee, said: “The government is girding its loins for a serious fightback against those companies trying to wriggle out of their obligation to pay the minimum wage by enforcing ‘self-employment’ on their workers. ...
Sir Philip Green: MPs approve stripping BHS ex-chief of knighthood image
Source : BBC [Read Article] Thursday 20th of October 2016 10:12:57 AM
.... Not one came to his defence, with the amendment carried unanimously. If Sir Philip does have friends in the House of Commons, they are not doing him much good. ...

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