On Wednesday, we’ll be scrutinising the work of
@TheFCA
The session comes amid a lively public debate on the regulator’s proposals potentially to publicise enforcement investigations while they are still under way.
🔎 Learn more 👉
📉 Did you know, the success rate of small businesses applying for bank loans fell from 80% in 2018 to around 50% in 2023.
In our new report, we found banks and regulators are making a tough world for small businesses needlessly tougher.
Find out more 👉
🚨 We have published our report into SME Finance
During our inquiry, we found small businesses are facing needlessly tougher circumstances due to the actions of banks and regulators.
Learn more about our findings and recommendations ⬇️
Our session scrutinising the work of
@TheFCA
takes place tomorrow.
It comes amid a lively public debate on the regulator’s proposals potentially to publicise enforcement investigations while they are still under way.
🔎 Learn more 👉
✉️ We have published correspondence from four major banks.
Among other topics, the letters confirm lenders received more than £9 billion in interest on Bank of England reserves in 2023
Find out more 👇
🚨 "We need to see them as one tool among many that can address Russia's aggression"
💷 Yesterday we held the first session of our inquiry into whether the UK's Russian financial sanctions are working
Find out more and watch the meeting back 👉
Are the UK's Russian financial sanctions working?
We've published written evidence related to our inquiry into the effectiveness of financial sanctions against Russia
Read more on our website 👉
📗 We have published a second response from
@hmtreasury
to our Edinburgh Reforms report, following our request for a more detailed official response.
Read more:
💷 Yesterday HMRC officials told us that customer service levels at the organisation will get worse before they get better.
🔎 You can watch the session back here:
🗣 This afternoon, we’ll be scrutinising the work of
@HMRCgovuk
.
📺 Join us in the Thatcher room at 2.15pm
@HouseofCommons
, or watch the session live 👇
🗣 On Wednesday, we’ll be scrutinising the work of
@HMRCgovuk
.
The Committee may question officials about the circumstances which surrounded the proposed reduction in phoneline capacity and the decision to halt the plans 24 hours later.
🔎 Learn more 👇
🚨 NEW: We’re published figures from
@financialombuds
showing the number of complaints relating to debanking has grown by 44% year on year.
🔎 See the figures in full here:
Read our chair
@hbaldwin
’s comment here 👇
🚨 Government Response 🚨
In February, we published a report on Quantitative Tightening (QT). We have now received a response from
@hmtreasury
,
@bankofengland
and the Debt Management Office.
🔎 Learn more and read the full report here 👇
🚨 Published today 🚨
We’ve published our report on Quantitative Tightening (QT), concluding that the
@bankofengland
has not been able to fully consider the broader economic consequences.
📗 Learn more and read the full report below 👇