The Latest Breaking News from Treasury Committee

Average 27-minute wait on HMRC self-assessment helpline in January

In December, the average waiting time was 28 minutes, according to a letter to the Treasury Committee from HMRC chief executive Jim Harra,

The Independent UK · Jan 25, 2023

Lenders have ‘obligation’ to support struggling borrowers, Bank governor says

In a meeting about the UK’s financial stability, Andrew Bailey told the Treasury Committee that banks are much stronger financially than in the past.

The Independent UK · Jan 16, 2023

More than 750,000 households at risk of mortgage default, regulator warns

The figures were included in Financial Conduct Authority correspondence published by the Treasury Committee

The Independent UK · Jan 12, 2023

DWP £900 cost of living payment should be split into six instalments, MPs say

The support will continue to help people on means-tested benefits

Manchester Evening News · Dec 14, 2022

DWP cost of living payments should be split into six, say MPs

A committee has told the Government to change the way it supports people on Universal Credit and other benefits through the crisis

Wales Online · Dec 14, 2022

Cost-of-living support should be spread over six months, say MPs

Payments totalling up to £900 will be given to households on means-tested benefits in 2023-24.

The Independent UK · Dec 14, 2022

Brits must 'take responsibility' for bills when energy support ends, Jeremy Hunt warns

The Chancellor told MPs on the Treasury Committee that if households reduce their energy usage by 15% they could save £500 per year on bills

Daily Mirror · Nov 23, 2022

Buy-to-let sector could be particularly hit by rising mortgage rates, MPs hear

There could be a serious impact on the availability of rental property over the course of the next year or two, the Treasury Committee was told.

The Independent UK · Nov 2, 2022

Top Tory bizarrely claims mini-Budget 'so detailed' it couldn't be assessed by watchdog

Treasury Minister Andrew Griffith suggested the Office for Budget Responsibility would have struggled to get through the 40-page document in time - directly contradicting the watchdog

Daily Mirror · Sep 30, 2022

MPs demand economic forecast alongside Kwarteng’s mini-budget

The Tory chairman of the Treasury Committee said such data is needed to ‘provide reassurance and confidence to international markets and investors’.

The Independent UK · Sep 20, 2022