Treasury Committee

CommonsSelectest. 15 Nov 1995Email ↗● Actively Monitored
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Sessions analysed90
Commitments212
Positions441
Recommendations237

Latest Signals

08 Sept 2026MPC members differ on risk-management approach to ratesPosition
“[Speaker: Megan Greene] It certainly was. Commodity and energy costs have been up and down, largely off the back of headlines, over the past six months. We can continue to expect them to be incredibly volatile. It has been six months now. That worries me in terms of the potential second-round effects down the line. In the meantime, I cannot pretend to have an edge in knowing exactly how this war will play out or exactly how energy prices will evolve accordingly.”
08 Sept 2026Food inflation risks remain on the upside amid drought and El NiñoConcern
08 Sept 2026No recession expected; growth weak but resilientPosition
08 Sept 2026Global imbalances are multifactorial; China is important but not alonePosition
08 Sept 2026Bank says mortgage-rate tightening is already part of financial conditionsPosition
08 Sept 2026Bernanke review has changed MPC communicationsLegislative
08 Sept 2026Second-round effects may not be knowable until next yearConcern
08 Sept 2026AI and chip demand are already feeding into prices, but modelling is nascentConcern

Recent Sessions

View all (90)
09 Sept 2026HMRC work: compliance, digital services and border reform
11 commit4 pos
08 Sept 2026BoE MPC: inflation risks, QT and growth outlook
1 commit5 pos5 concern2 leg
15 Jul 2026FCA: motor finance, payments and AI risks
7 commit10 pos8 concern3 rec1 disag
15 Jul 2026OBR chair nominee on independence, AI and scoring
8 pos3 concern1 rec
14 Jul 2026Bank of England: financial stability, AI and capital
2 commit4 pos2 concern2 rec1 disag
08 Jul 2026Defence spending, capability trade-offs and procurement
5 commit6 pos4 concern1 rec

Recent Commitments

View all (212)

Recent Recommendations

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Frequent Witnesses

HM Treasury18× · 251 insights
Bank of England13× · 130 insights
Financial Conduct Authority10× · 152 insights
Institute for Fiscal Studies8× · 29 insights
Office for Budget Responsibility7× · 91 insights
Resolution Foundation3× · 17 insights

About this committee

The Commons Treasury Committee scrutinises the government's financial and economic policies, the work of the Bank of England, the Financial Conduct Authority, and Her Majesty's Revenue and Customs. As a select committee, it examines legislation, takes oral evidence from ministers and external witnesses, and publishes reports shaping fiscal and monetary policy debate. The committee operates across the full economic landscape, from tax and spending decisions to banking regulation and financial services. Recent inquiries have centred on the Bank of England's monetary policy stance and its monetary policy reports, with particular scrutiny of inflation management and economic forecasting. The committee assessed the Office for Budget Responsibility at 15 years of operation through both expert panels and written evidence, evaluating its track record on fiscal forecasting. Additional investigations have covered financial inclusion strategy, the Financial Conduct Authority's approach to financial crime and crypto regulation, the Financial Ombudsman Service's governance and independence, and the government's Spring Statement 2026.