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Appointments To The Budget Responsibility Committee
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Author :Great Britain. Parliament. House of Commons. Treasury Committee Publisher : ISBN 13 :9781801402156 Total Pages :3 pages Book Rating :4.4/5 (21 download)
Book Synopsis The Appointment of Professor David Miles to the Budget Responsibility Committee of the Office for Budget Responsibility by : Great Britain. Parliament. House of Commons. Treasury Committee
Download or read book The Appointment of Professor David Miles to the Budget Responsibility Committee of the Office for Budget Responsibility written by Great Britain. Parliament. House of Commons. Treasury Committee and published by . This book was released on 2022 with total page 3 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Great Britain: Parliament: House of Commons: Treasury Committee Publisher :The Stationery Office ISBN 13 :9780215555120 Total Pages :20 pages Book Rating :4.5/5 (551 download)
Book Synopsis Appointments to the Budget Responsibility Committee by : Great Britain: Parliament: House of Commons: Treasury Committee
Download or read book Appointments to the Budget Responsibility Committee written by Great Britain: Parliament: House of Commons: Treasury Committee and published by The Stationery Office. This book was released on 2010-11 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this report the Treasury Committee welcomes the Chancellor's commitment to the provision of a statutory veto over the appointment and dismissal of all the members of the Budget Responsibility Committee. It is recommended that the Treasury ensure there is a two month gap for an appointment to the Budget Responsibility Committee, and the proposed starting date for candidates so as to allow adequate time for the Treasury Committee to arrange hearings and consider the candidature properly. It is also recommended that candidates are reminded that application material is submitted to the Treasury Committee on a confidential basis
Book Synopsis Office for Budget Responsibility by : Great Britain. Parliament House of Commons. Treasury Committee
Download or read book Office for Budget Responsibility written by Great Britain. Parliament House of Commons. Treasury Committee and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the fourth report from the Treasury Committee (HCP 385, session 2010-11, ISBN 9780215554796), and looks at the Office for Budget Responsibility. The Office was established by the Chancellor of the Exchequer and given responsibility, as an independent body, for the Government's budget forecast. The Committee sets out a number of recommendations for the body to succeed in its' independent role, including: a) establishment of the OBR as an institution with its own legal personality; b) a requirement on the OBR to act transparently, objectively, and independently; c) a clear remit and set of core tasks; d) a requirement that the responsible select committee should have a veto over appointment or dismissal of the Chair; e) provision for a small group of non-executive directors to support the Budget Responsibility Committee; f) a requirement that government officials support the OBR when it is preparing forecasts; g) a requirement that the OBR has a right of access to the information it needs. The legislation establishing the OBR should not require future governments to use OBR forecasts. The Committee further states that a great deal will depend on matters which cannot be provided for directly in statute, in particular the calibre of the members of the Budgetary Responsibility Committee and of the non-executive directors. For the OBR to succeed, it is vital that it commands confidence across party boundaries and that the OBR's work should lead to greater public understanding of the purpose and limitations of the forecasting process, and realistic expectations of what it can deliver.
Author :Great Britain. Parliament. House of Commons. Treasury Committee Publisher : ISBN 13 :9781785846809 Total Pages : pages Book Rating :4.8/5 (468 download)
Book Synopsis Appointment of Professor Sir Charles Bean to the Budget Responsibility Committee of the Office for Budget Responsibility by : Great Britain. Parliament. House of Commons. Treasury Committee
Download or read book Appointment of Professor Sir Charles Bean to the Budget Responsibility Committee of the Office for Budget Responsibility written by Great Britain. Parliament. House of Commons. Treasury Committee and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Appointment of Andy King to the Budget Responsibility Committee of the OBR by : Great Britain. Parliament. House of Commons. Treasury Committee
Download or read book Appointment of Andy King to the Budget Responsibility Committee of the OBR written by Great Britain. Parliament. House of Commons. Treasury Committee and published by . This book was released on 2018 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Great Britain. Parliament. House of Commons. Treasury Committee Publisher : ISBN 13 :9781787773288 Total Pages :11 pages Book Rating :4.7/5 (732 download)
Book Synopsis Appointment of Andy King to the Budget Responsibility Committee of the OBR by : Great Britain. Parliament. House of Commons. Treasury Committee
Download or read book Appointment of Andy King to the Budget Responsibility Committee of the OBR written by Great Britain. Parliament. House of Commons. Treasury Committee and published by . This book was released on 2018 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Great Britain: Parliament: House of Commons: Treasury Committee Publisher :The Stationery Office ISBN 13 :9780215062697 Total Pages :16 pages Book Rating :4.0/5 (626 download)
Book Synopsis House of Commons - Treasury Committee: Re-Appointment of Professor Stephen Nickell to the Budget Responsibility Committee - HC 688 by : Great Britain: Parliament: House of Commons: Treasury Committee
Download or read book House of Commons - Treasury Committee: Re-Appointment of Professor Stephen Nickell to the Budget Responsibility Committee - HC 688 written by Great Britain: Parliament: House of Commons: Treasury Committee and published by The Stationery Office. This book was released on 2013-10-14 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Committee was satisfied that Professor Stephen Nickell has the profession competence and personal independence to be reappointed as a member of the Budget Responsibility Committee
Author :Great Britain: Parliament: House of Commons: Treasury Committee Publisher :The Stationery Office ISBN 13 :9780215554789 Total Pages :16 pages Book Rating :4.5/5 (547 download)
Book Synopsis Appointment of Robert Chote as chair of the Office for Budget Responsibility by : Great Britain: Parliament: House of Commons: Treasury Committee
Download or read book Appointment of Robert Chote as chair of the Office for Budget Responsibility written by Great Britain: Parliament: House of Commons: Treasury Committee and published by The Stationery Office. This book was released on 2010-09-21 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Appointment of Robert Chote as chair of the Office for Budget Responsibility : Third report of session 2010-11, Vol. 1: Report, together with formal Minutes
Author :Great Britain: Parliament: House of Commons: Treasury Committee Publisher :The Stationery Office ISBN 13 :9780215062819 Total Pages :16 pages Book Rating :4.0/5 (628 download)
Book Synopsis House of Commons - Treasury Committee: Appointment of Sir Jon Cunliffe as Deputy Governmor of the Bank of England - HC 689-I by : Great Britain: Parliament: House of Commons: Treasury Committee
Download or read book House of Commons - Treasury Committee: Appointment of Sir Jon Cunliffe as Deputy Governmor of the Bank of England - HC 689-I written by Great Britain: Parliament: House of Commons: Treasury Committee and published by The Stationery Office. This book was released on 2013-10-18 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume 2: Oral evidence. Written evidence can be found on the Committee's website at www.parliament.uk/treascom
Author :Great Britain: Parliament: House of Commons: Justice Committee Publisher :The Stationery Office ISBN 13 :9780215556349 Total Pages :32 pages Book Rating :4.5/5 (563 download)
Book Synopsis Appointment of the Chair of the Judicial Appointments Commission by : Great Britain: Parliament: House of Commons: Justice Committee
Download or read book Appointment of the Chair of the Judicial Appointments Commission written by Great Britain: Parliament: House of Commons: Justice Committee and published by The Stationery Office. This book was released on 2011-02-07 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Judicial Appointments Commission (JAC) is a non-departmental public body sponsored by the Ministry of Justice. The JAC was created in April 2006 following provisions in the Constitutional Reform Act 2005. The JAC was intended to ensure independence and transparency in the judicial appointments process by making recommendations to the Lord Chancellor based on fair and open competition. The JAC makes recommendations for all judicial post-holders except lay magistrates and supreme court judges. The Ministry of Justice informed the Committee on 10 January that the Secretary of State's preferred candidate for the Chair of the Judicial Appointments Commission was Christopher Stephens. The Committee endorses Mr Stephens' suitability for the position of Chair of the Judicial Appointments Commission. It thought that Mr Stephens' experience in the commercial sector was particularly relevant to ensuring that the JAC is an efficient organisation. It also values his experience in making appointments in the civil service but welcome his recognition that judicial appointments have special and different requirements.
Author :Great Britain: Parliament: House of Commons: Treasury Committee Publisher :The Stationery Office ISBN 13 :9780215052438 Total Pages :40 pages Book Rating :4.0/5 (524 download)
Book Synopsis Appointment of John Griffith-Jones as Chair-designate of the Financial Conduct Authority by : Great Britain: Parliament: House of Commons: Treasury Committee
Download or read book Appointment of John Griffith-Jones as Chair-designate of the Financial Conduct Authority written by Great Britain: Parliament: House of Commons: Treasury Committee and published by The Stationery Office. This book was released on 2013-01-18 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Griffith-Jones is to chair the new Financial Conduct Authority (FCA). Although the FCA is a successor body to the Financial Services Authority (FSA), his is not a continuity role. The Committee believes that the FCA can be radically different from its predecessor under the new chair in at least four respects: He must restore the credibility of the conduct regulator. Although a great deal of time and effort was put into conduct matters, the FSA left consumers exposed to some of the worst scandals in UK financial history. The Committee expects Mr Griffith-Jones and his board to ensure that the new organisation adopts a radically different approach. It is noted that the PRA, which has assumed responsibility for most prudential aspects of the FSA's work, has done this, with its adoption of a move to judgement-based regulation.The FCA has different objectives from the old FSA: as well as having to ensure that markets work well, it has objectives with regard to consumer protection, the integrity of the UK financial system, and competition. The Committee has criticised the complexity of the objectives set out for the FCA in the Financial Services Bill; but Mr Griffith-Jones and the FCA's senior leadership will need to think about the inter-relationship of the FCA's objectives and how meaningfully to fulfil them. The Treasury Committee will engage in an oversight role of the governance at the FCA and with the commitments that Mr Griffith-Jones has made to the Committee, Parliament will expect the new FCA to respond to Treasury Committee requests for information promptly and thoroughly.
Author :Great Britain. Parliament. House of Commons. Treasury Committee Publisher :The Stationery Office ISBN 13 :0215078454 Total Pages :240 pages Book Rating :4.2/5 (15 download)
Book Synopsis HC 728-II - Project Verde: Volume II by : Great Britain. Parliament. House of Commons. Treasury Committee
Download or read book HC 728-II - Project Verde: Volume II written by Great Britain. Parliament. House of Commons. Treasury Committee and published by The Stationery Office. This book was released on 2014 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most significant consequences of Co-op Bank's near-collapse, from a public policy perspective, was the collapse of Lloyds Banking Group's planned divestment under Project Verde. Co-op Bank's withdrawal forced Lloyds to resort to its fallback option of an Initial Public Offering. The result is a new bank, TSB, which, not having an existing banking presence of its own, consists solely of the business divested by Lloyds. Accordingly, it has a personal current account market share not of 7 per cent, but of 4.2 per cent. There is a risk that a bank of this size might struggle to grow significantly and to act as a true challenger in the market. Had Co-op Bank's resulting capital shortfall been uncovered earlier, it is likely that the bank would not have progressed so far with Verde. As it was, the rapid and late emergence of the capital problem led to Co-op's withdrawal from the Verde process at a relatively late stage. The Committee recommends that the FRC investigation and the independent inquiry into the events at Co-op Bank consider the role of KPMG and the FSA in relation to the late emergence of loan impairment and IT losses. On the basis of these findings, the independent inquiry into the events at Co-op Bank should also form a view on whether Co-op's Verde bid could or should have been halted sooner. While it may not have been fully transparent from the start that Co-op Bank's bid was doomed to failure, it was beset by problems from an early stage. But it was not these problems that killed the deal-it was the capital shortfall that emerged only late in the day. It is important, from every angle to determine why the capital shortfall was not uncovered earlier.
Author :Great Britain: Parliament: House of Commons: Treasury Committee Publisher :The Stationery Office ISBN 13 :0215071999 Total Pages :126 pages Book Rating :4.2/5 (15 download)
Book Synopsis HC 1189 - Budget 2014 by : Great Britain: Parliament: House of Commons: Treasury Committee
Download or read book HC 1189 - Budget 2014 written by Great Britain: Parliament: House of Commons: Treasury Committee and published by The Stationery Office. This book was released on 2014-05-09 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this report the Treasury Committee makes recommendations on pensions, savings, HMRC debt recovery powers and housing. The greater flexibility and choice provided by the proposed pension reforms is welcomed. The 'guidance guarantee' is an important part of making sure that consumers benefit from increased choice. It should be measured against a set of recommended principles to ensure its effectiveness. The pensions reforms are also likely to lead to financial innovation. Following the financial crisis, and the mis-selling scandals, the reputation of the industry is under scrutiny. With regard to savings - double taxation has long been a deterrent to some forms of saving. With the enhanced flexibility for those saving there may now be scope in the long term for bringing the tax treatment of savings and pensions together to create a 'single savings' vehicle. The proposal to grant the power to HMRC to take money directly from people's bank accounts is extremely concerning. Exceptional powers such as this require prior independent oversight. With regard to housing, the Help to Buy scheme, at least in the short-to-medium term, could raise house prices. There is also the risk that withdrawal of Help to Buy may have a distorting effect on the housing market. The need to address these difficulties places a particular responsibility on the FPC, as well as the Government, for detecting and addressing the financial stability risks arising from the housing market. There are also reservations about any extension of retrospection in the tax system. Retrospection should be considered only in wholly exceptional circumstances
Author :Great Britain: Parliament: House of Commons: Treasury Committee Publisher :The Stationery Office ISBN 13 :9780215560902 Total Pages :136 pages Book Rating :4.5/5 (69 download)
Book Synopsis Independent Commission on Banking by : Great Britain: Parliament: House of Commons: Treasury Committee
Download or read book Independent Commission on Banking written by Great Britain: Parliament: House of Commons: Treasury Committee and published by The Stationery Office. This book was released on 2011-07-22 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this report the Treasury Committee calls on the Independent Commission on Banking to address a number of concerns that have been raised about its proposal to ring-fence retail banking - including its effect on the competitiveness of UK banking and the cost of credit to business. The Commission should also look at how corporate governance in banks could be improved to enhance the stability of the financial system. The MPs urge the major banks to place any objections or concerns they have about the ICB proposals fully in to the public domain. A final ICB report based on private discussion and agreement with the banks rather than rigorous public scrutiny would lack public credibility and acceptability. The Committee is also concerned that the option of full structural separation of retail and investment banking has not received sufficient analysis. The ICB should provide further details as to the costs and benefits of this reform option and why it decided against full separation when proposing ring-fencing as the lead option in its interim report.
Author :Great Britain. Parliament. House of Commons. Treasury Committee Publisher :The Stationery Office ISBN 13 :0215091264 Total Pages :25 pages Book Rating :4.2/5 (15 download)
Book Synopsis HC 811 - The Treasury Committee's Scrutiny of Appointments by : Great Britain. Parliament. House of Commons. Treasury Committee
Download or read book HC 811 - The Treasury Committee's Scrutiny of Appointments written by Great Britain. Parliament. House of Commons. Treasury Committee and published by The Stationery Office. This book was released on 2016 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Examination of the forecasts prepared by the Office for Budget Responsibility for 29 November 2010 by : Great Britain: National Audit Office
Download or read book Examination of the forecasts prepared by the Office for Budget Responsibility for 29 November 2010 written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2010-12-03 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report considers the OBR's forecasts published 29 November 2010. The scope is the same as C&AG's previous examination looking at the forecasts that the interim OBR undertook for the Budget on 22 June 2010. The scope of these assessments differs from requests by previous Chancellors which asked the C&AG to examine the reasonableness and caution underpinning projections of the public finances. The remit of this work does not include any review of the forecast itself or of specific underpinning assumptions.
Author :Great Britain: Parliament: House of Commons: Treasury Committee Publisher :The Stationery Office ISBN 13 :9780215554796 Total Pages :98 pages Book Rating :4.5/5 (547 download)
Book Synopsis Office for Budget Responsibility by : Great Britain: Parliament: House of Commons: Treasury Committee
Download or read book Office for Budget Responsibility written by Great Britain: Parliament: House of Commons: Treasury Committee and published by The Stationery Office. This book was released on 2010-09-21 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the fourth report from the Treasury Committee (HCP 385, session 2010-11, ISBN 9780215554796), and looks at the Office for Budget Responsibility. The Office was established by the Chancellor of the Exchequer and given responsibility, as an independent body, for the Government's budget forecast. The Committee sets out a number of recommendations for the body to succeed in its' independent role, including: a) establishment of the OBR as an institution with its own legal personality; b) a requirement on the OBR to act transparently, objectively, and independently; c) a clear remit and set of core tasks; d) a requirement that the responsible select committee should have a veto over appointment or dismissal of the Chair; e) provision for a small group of non-executive directors to support the Budget Responsibility Committee; f) a requirement that government officials support the OBR when it is preparing forecasts; g) a requirement that the OBR has a right of access to the information it needs. The legislation establishing the OBR should not require future governments to use OBR forecasts. The Committee further states that a great deal will depend on matters which cannot be provided for directly in statute, in particular the calibre of the members of the Budgetary Responsibility Committee and of the non-executive directors. For the OBR to succeed, it is vital that it commands confidence across party boundaries and that the OBR's work should lead to greater public understanding of the purpose and limitations of the forecasting process, and realistic expectations of what it can deliver.
