Treasury Committee
Self-assessment helpline will focus on ‘priority queries’ in run-up to deadline
Treasury Committee chairwoman Harriett Baldwin has written to HMRC CEO Jim Harra ‘to get much-needed answers about what this means for taxpayers’.
MP accuses UK’s biggest banks of being ‘far too slow’ to reward savers
Harriett Baldwin, who chairs the Treasury Committee, said the ‘big four’ banks have not done enough to pass on higher interest rates to savers.
MPs criticise UK banks after HSBC profits surge on higher interest rates
The chair of the Treasury Committee said the latest figures show major lenders are not sufficiently passing on higher interest rates to savers.
Regulator is ‘ready to go’ to bring buy now, pay later firms under its scope
FCA boss Nikhil Rathi said the regulator will make sure there is proportionate regulation supporting innovation and encouraging responsible lending.
Savings providers must keep customers informed about available rates – watchdog
FCA boss Nikhil Rathi said firms will need a strategy to ensure customers are adequately informed of available rates across their product set.
MPs launch inquiry into sexism in the City after sector rocked by scandals
The Treasury Committee said it wants to find out more about the barriers women in financial services face.
Average two-year mortgage rates at 15-year high as lenders are quizzed by MPs
Bank and building society bosses appeared before the Treasury Committee on Tuesday, to explain what they are doing to support struggling customers.
Banks recognise savers need more help accessing best rates, says City regulator
The Financial Conduct Authority said it had held a ‘constructive’ meeting with savings providers.
Financial watchdog to discuss savings rates concerns with bank chiefs
Some people have raised concerns about ‘profiteering’ due to interest rates on savings lagging behind those charged for mortgages.
FCA investigating whether Odey ‘fit and proper’ to work in financial services
The City watchdog confirmed the scope of its probe, which began in mid-2021, and said it was in contact with the police.