All the updated news related to commons treasury committee

All the news related to commons treasury committee updated in real time

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Truss told to be transparent over her plans for emergency cost-of-living budget

Liz Truss has been urged to be more transparent with her plans for an emergency budget to address the cost-of-living crisis. Tory leadership contest frontrunner Ms Truss has said she would bring forward urgent plans to address rising energy bills if ...

22 Aug 2022 at 13:57

Truss ‘promising the earth’ in bid to become PM, says Sunak

Rishi Sunak accused his Conservative leadership rival of “promising the earth to everybody” as he played down polling suggesting he is set to be defeated by Liz Truss. The former chancellor also fuelled speculation that he may decline to serve in ...

22 Aug 2022 at 15:15

Sunak warns against ‘irresponsible’ Government borrowing

Chancellor Rishi Sunak has said it would have been “irresponsible” for the Government to have borrowed more to raise benefits in the face of rising inflation. Appearing before the Commons Treasury Committee, Mr Sunak defended the choices he had ...

28 Mar 2022 at 17:25

Brexit has hit UK’s overseas trade, Sunak tells MPs

Britain’s withdrawal from the European Union has affected the level of overseas trade, Chancellor Rishi Sunak has acknowledged. Giving evidence to the Commons Treasury Committee on last week’s Spring Statement, Mr Sunak said it was ...

28 Mar 2022 at 19:25

Economists dismiss Rees-Mogg blaming Bank rather than mini-budget for turmoil

Economists have roundly rejected Business Secretary Jacob Rees-Mogg’s claim that the UK’s financial turmoil was not being driven by the mini-budget. The senior Conservative on Wednesday sought to attribute blame to the Bank of ...

12 Oct 2022 at 15:34

Liz Truss faces growing pressure to rip up tax-slashing plans

Liz Truss was under fire from her own MPs as they demanded more U-turns on her tax-slashing agenda after she ruled out spending cuts to balance the books. The Prime Minister’s leadership was in renewed peril as she was ...

13 Oct 2022 at 09:36

Chancellor Jeremy Hunt insists he does not back rejoining EU’s single market

Chancellor Jeremy Hunt has insisted he does not support Britain rejoining the European Union’s single market after facing a backlash from Tory Brexiteers. He issued a carefully worded denial that he was the source of ...

23 Nov 2022 at 16:33

Chancellor asks Treasury to look into value of closing non-dom loophole

The Chancellor has asked the Treasury to look into how much could be raised by closing the controversial non-dom tax loophole. Jeremy Hunt and Rishi Sunak have come under fire for refusing to abolish the arrangement ...

23 Nov 2022 at 21:08

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