MP Info News from the Treasury and the Bank of England

HM Treasury News
The majority of the information published by the HM Treasury is Crown Copyright, although in some instances Parliamentary Copyright may apply. The copyright status of a document should normally be indicated within the first few pages.

HM Treasury

Public invited to vote on ideas to make savings

The public is today being asked to vote to find the best ideas from over 44,000 submitted to the Treasury as part of the public engagement through the Spending Challenge website.

�Building the economy of the future� speech by the Chancellor of the Exchequer, Rt Hon George Osborne MP, at Bloomberg

George Osborne spoke to an invited audience at Bloomberg in London about the current state of the economy.

Financial Secretary to the Treasury launches consultation on the implementation of financial regulation reforms announced at Mansion House

Financial Secretary to the Treasury, Mark Hoban MP, today launched the Government�s consultation on the implementation of reforms to financial regulation.

Government announces introduction of Equitable Life Bill and establishment of the Independent Commission on Equitable Life Payments

Financial Secretary to the Treasury, Mark Hoban MP announced today that the Coalition Government has introduced a Bill to Parliament, which will enable payments to be made to Equitable Life policyholders.

Government announces publication of Sir John Chadwick�s report on Equitable Life

Financial Secretary to the Treasury, Mark Hoban MP announced today that the Coalition Government has published the final report by Sir John Chadwick...

Office of Tax Simplification

The Chancellor George Osborne and Exchequer Secretary David Gauke today established the Office of Tax Simplification (OTS).

Public expenditure outturn update

Today�s release of public expenditure statistics presents updated estimates of key public spending outturn series against two frameworks

The Government launches a consultation on removing the requirement to annuitise by age 75

Financial Secretary to the Treasury, Mark Hoban MP, today announced the start of an 8-week consultation on removing the effective requirement to annuitise by age 75

Speech by The Financial Secretary to the Treasury, Mark Hoban MP at the Consumer Financial Education Body Conference, Cambridge

It is a pleasure to be with you this afternoon and to have this opportunity to set out the Government�s vision for a responsible approach to personal finance.

Coalition Government launches consultation document on Bank Levy

Chancellor appoints Dr Martin Weale as external member of the Monetary Policy Committee

The Chancellor today announced that Dr Martin Weale has been appointed to succeed Kate Barker as external member on the Monetary Policy Committee.

UK Official holdings of international reserves, June 2010

This monthly press notice shows details of movements in June in the UK�s official holdings of international reserves, which consist of gold, foreign currency assets and International Monetary Fund assets.

Publication of the Finance Bill 2010

Publication of PESA 2010

Budget announcement on the Civil List for 2011

In his Budget statement today the Chancellor announced that payment to the Civil List for calendar year 2011 will be unchanged at £7.9m.

Publication of Main Supply Estimates, and Supplementary Budgetary Information 2010-11

The Financial Secretary to the Treasury, Mark Hoban, today presented to the House of Commons the Main Supply Estimates for 2010-11.

Government launches review of fair pay in the public sector led by Will Hutton

The Government today confirms the launch of an independent review of fair pay in the public sector headed by leading economist Will Hutton.

Chancellor announces John Hutton to chair commission on public service pensions

The Chancellor announced today that John Hutton has accepted his invitation to chair the independent Public Service Pensions Commission.

Action to tackle poor value for money and unfunded spending commitments

Today, the Chief Secretary to the Treasury, Danny Alexander, announced which projects re-submitted to the Treasury will be suspended and cancelled as part of a review of all spending decisions taken since 1 January.

Speech at The Lord Mayor�s Dinner for Bankers & Merchants of the City of London by The Chancellor of the Exchequer, The Rt Hon George Osborne MP, at Mansion House

Sir John Vickers to Chair the Independent Commission on Banking

The Chancellor of the Exchequer George Osborne today announced that Sir John Vickers will chair the Independent Commission on Banking.

Spending Review 2010 - the Government�s approach

The Chancellor of the Exchequer George Osborne and Chief Secretary to the Treasury Danny Alexander today announced details of how the next Spending Review (SR) will be conducted.

Publishing data from the COINS database

As part of the Prime Minister�s transparency initiative, the Treasury has today taken the unprecedented step of publishing data from the Combined Online Information System (COINS) for 2008-09 and 2009-10 through data.gov.uk.

UK official holdings of International Reserves

UK official holdings of International Reserves, May 2010

Government commits to transparent, fair and independently designed payment scheme for Equitable Life policyholders

Financial Secretary to the Treasury, Mark Hoban MP, today confirmed the Government�s commitment to establishing an independently designed payment scheme for Equitable Life policyholders that is swift, simple, transparent and fair.

Speech by the Chancellor of the Exchequer, Rt Hon George Osborne MP, announcing £6.2billion savings

Speech by the Chief Secretary to the Treasury, Rt Hon David Laws MP, announcing £6.2billion savings

Government announces £6.2bn of savings in 2010-11

Action to cut Whitehall waste and protect schools spending

Speech by the Chancellor of the Exchequer, the Rt Hon George Osborne MP, on the OBR and spending announcements

Chancellor announces policies to enhance fiscal credibility

Sir Alan Budd will chair a new Office for Budget Responsibility (OBR), established on an interim basis today, to assess the state of the public finances, the Chancellor has announced.

Chancellor announces date of emergency Budget

The emergency Budget will be held on Tuesday 22 June, the Chancellor announced today.

August

Bank of England|Publications

All the latest publicatons and releases

The Bank Return - Figures for cob 1 September 2010

Each week the Bank of England publishes a summary balance sheet showing its main assets and liabilities - the Bank Return.
Thu, 02 Sep 2010 15:00:00 BST

News Release - Patience and Finance - Paper by Andrew Haldane

In a paper to be presented at the Oxford China Business Forum in Beijing on 9th September, Andrew Haldane - Executive Director for Financial Stability - discusses the roles of patience and impatience in financial decision-making, drawing on lessons from economics, history, psychology, neurology and sociology.
Thu, 02 Sep 2010 13:40:00 BST

BIS Triennial Survey of Foreign Exchange and Over-the-Counter Interest Rate Derivatives Markets in April 2010 - UK Data

In April this year, central banks and monetary authorities in 53 countries, including the United Kingdom, conducted the latest triennial survey of turnover in the markets for foreign exchange (spot, forwards, foreign exchange swaps, currency swaps and options) and over-the-counter (OTC) interest rate derivatives.
Wed, 01 Sep 2010 00:01:00 BST

Lending to Individuals - July 2010

Monthly release of growth rates, amounts outstanding and changes in total lending to individuals, broken down into lending secured on dwellings and consumer credit.
Tue, 31 Aug 2010 09:30:00 BST

Monetary and Financial Statistics - August 2010

Informally known as Bankstats. It consists of: money and lending; monetary financial institutions' balance sheets; further analyses of deposits and lending; external business of banks operating in the UK, public sector debt and the money markets (including gilt repo and stock lending); sterling commercial paper, other debt securities, capital issues; financial derivatives, interest and exchange rates and occasional background articles.
Tue, 31 Aug 2010 09:30:00 BST

Sectoral Breakdown of Aggregate M4 and M4 Lending - July 2010

Monthly release of growth rates of and changes in M4 and M4 lending for the household sector, private non-financial corporations, and other financial corporations, together with the second release of growth rates of and changes in aggregate M4 and M4 lending.
Tue, 31 Aug 2010 09:30:00 BST

Analysis of Monetary Financial Institutions' Deposits from and Lending to UK Residents - July 2010

Industrial analysis of deposits with, and borrowing from, monetary financial institutions in the UK by UK residents other than monetary financial institutions. The release contains growth rates, amounts outstanding and changes in deposits and borrowing, both in sterling and foreign currency.
Tue, 31 Aug 2010 09:30:00 BST

Monetary Policy After the Fall - Paper by Charles Bean

In a paper presented at the Jackson Hole Economic Policy Symposium, Charles Bean - Deputy Governor of the Bank of England and member of the Monetary Policy Committee (MPC) - discusses the lessons learned from the financial crisis for the future conduct of monetary policy.
Sat, 28 Aug 2010 15:00:00 BST

The Bank Return - Figures for cob 25 August 2010

Each week the Bank of England publishes a summary balance sheet showing its main assets and liabilities - the Bank Return.
Thu, 26 Aug 2010 15:00:00 BST

Monetary Policy Roundtable - Held at the Bank of England on 14 July 2010

The Bank of England and the Centre for Economic Policy Research hosts Monetary Policy Roundtable events. These are intended to provide a forum for economists to discuss key issues affecting the design and operation of monetary policy in the United Kingdom.
Mon, 23 Aug 2010 10:00:00 BST

HM Treasury News