The Latest Breaking News from Harriett Baldwin

HMRC self-assessment helpline to close over the summer as customers sent online

A new "seasonal model" is being trialled but MPs are concerned it could have a "significant impact" on taxpayers

Wales Online · Jun 13, 2023

Concerns raised about ‘short notice’ of self-assessment helpline changes

The Treasury Committee is looking for clarification that the costs and benefits of the decision have been fully considered.

The Independent UK · Jun 13, 2023

Big banks offering ‘measly’ savings rates to loyal customers, say MPs

The Treasury Committee found that a ‘loyalty penalty’ was especially prominent for elderly and vulnerable customers.

The Independent UK · Jun 8, 2023

Regulator warns UK banks over miserly savings rates for loyal customers

FCA says it will consider ‘onerous interventions’ if it concludes ‘loyalty penalty harms’ not being addressed

The Guardian - UK · Apr 20, 2023

‘Harm to loyal savers will have increased with interest rate rises’

Financial Conduct Authority chief executive Nikhil Rathi was responding to the Treasury Committee, which has been looking into savings rates.

The Independent UK · Apr 20, 2023

Cash savings rates have improved but still cannot beat inflation, says website

Savers coming off a one-year fixed bond or Isa will notice that the equivalent rates are now much higher, according to Moneyfactscompare.co.uk.

The Independent UK · Mar 22, 2023

Proposals to reimburse scam victims are half-baked, says Treasury Committee

Treasury Committee chair Harriett Baldwin said regulators need to sort out exclusions and criteria quickly.

The Independent UK · Mar 4, 2023

Banking giants asked to explain why some savings rates remain so low

The Treasury Committee is asking major banks for a breakdown of the revenue and profits generated from their savings products.

The Independent UK · Mar 1, 2023

Clunky systems hindering more frequent cost-of-living support, says committee

The Treasury Committee previously called for cost-of-living payments to people on means-tested benefits to be spread out over next winter.

The Independent UK · Feb 27, 2023

'Clunky' systems mean hard-up families miss out on monthly cost-of-living cash

Tory MP Harriett Baldwin, chair of the Treasury Committee, said it is "disappointing to hear that clunky systems will prevent the delivery of six regular support payments next winter"

Daily Mirror · Feb 27, 2023