Treasury Committee Profile picture
Sep 2, 2020 9 tweets 5 min read Read on X
⏰One hour to go until our evidence session with Andrew Bailey, Governor of the Bank of England, alongside members of the Financial Policy Committee and Monetary Policy Committee.

📺Watch it live at 14:30 here👇 Image
📺Here's the link to watch our evidence session with the Governor of the Bank of England live at 14:30 today:

parliamentlive.tv/Event/Index/98…
We're underway with Andrew Bailey, Governor of the Bank of England, with members of the Financial Policy Committee and Monetary Policy Committee.

📺Watch it live here👇

parliamentlive.tv/Event/Index/98… Image
Asked by @FelicityBuchan about consumption and household saving, Governor Andrew Bailey said that household spending is back to near pre-pandemic levels, "but it's a pretty uneven picture". ImageImage
Alex Brazier tells the Committee:

"I don't think we can expect to see a sudden and sharp return of lots of people to very dense office environments that we were used to. We should expect a more phased return". Image
As there is a vote in the @HouseofCommons, the evidence session has been suspended and will resume in approximately 15 minutes. Image
In response to @rushanaraali, Dave Ramsden runs us through the levels of quantitative easing per week over the last few months:

March - £13.5bn
June - £7bn
August - £4.5bn

He added that the @bankofengland can do materially more, and at pace, if market dysfunction requires it. ImageImage
In response to @SteveBakerHW, Governor of the Bank of England Andrew Bailey said that the challenge is to get inflation up to target. ImageImage
That's all for today. Thanks to all of our witnesses for taking part!

📺You can watch the session on demand here👇

parliamentlive.tv/Event/Index/98…

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Treasury Committee

Treasury Committee Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @CommonsTreasury

Jan 25, 2021
⏳One hour to go until the first evidence session of our #EconomicCrime inquiry.

We'll hear from:
✅Graeme Biggar, @NCA_UK
✅Angela McLaren, @CityPolice
✅Patrick Campbell, @policescotland

📺Watch it live here👇

parliamentlive.tv/Event/Index/92… Image
🚨We're underway with the first evidence session of our inquiry into #EconomicCrime.

📺Watch it live here👇

parliamentlive.tv/Event/Index/92… ImageImageImage
Asked about fraud in relation to the Government's #coronavirus support schemes, Graeme Biggar from @NCA_UK tells us that there are "eyewatering" amounts of fraud against the public purse. Image
Read 8 tweets
Dec 16, 2020
⏳One hour to go until our evidence session on business taxes as part of our #TaxAfterCoronavirus inquiry.

We'll hear from:

✅ Tom Clougherty @CPSThinkTank
@alexcobham
✅ Annie Gascoyne @CBItweets
@ChrisSangerEY

📺Watch it live at 14:30 here👇

parliamentlive.tv/Event/Index/66… Image
We're underway with our evidence session on business taxes for our inquiry into #TaxAfterCoronavirus.

📺Watch it live here👇

parliamentlive.tv/Event/Index/66… ImageImageImageImage
How important is corporation tax to businesses when considering where to invest?

@ChrisSangerEY tells us that it's "fifth or sixth on the list".

He added that low rates make the UK attractive to invest in and Govt would be wrong to raise rates if it wants inward investment. Image
Read 8 tweets
Dec 2, 2020
⏳One hour to go until our evidence session with economists on #SpendingReview2020.

We'll hear from:

@jagjit_chadha
@PJTheEconomist
@MSensier
✅ Karen Ward from @JPMorganAM

📺Watch it live at 14:30 here👇

parliamentlive.tv/Event/Index/87…
We're underway with our evidence session with economists on #SpendingReview2020.

📺Watch it live here👇

parliamentlive.tv/Event/Index/87…
Karen Ward tells us that the UK is vulnerable to global interest rate rises.

@MSensier tells us that we need to look at why the UK has had to borrow so much for #coronavirus, which is partly down to not spending enough on preparation for a pandemic.

#spendingreview2020
Read 7 tweets
Oct 20, 2020
⏳One hour to go until our evidence session on #TaxAfterCoronavirus, with a focus on employment taxes.

We'll hear from:

@JudithFreedman
@BillDodwellTax
@dcribb
✅Andrew Titchener
@CBItweets

📺Watch it live from 9.30am here👇

parliamentlive.tv/Event/Index/22… Image
We're underway with our evidence session on #TaxAfterCoronavirus.

📺Watch it live here👇

parliamentlive.tv/Event/Index/22… ImageImageImageImage
Andrew Titchener from @CBItweets tells us that the headline rate of corporation tax is not as important to businesses as reliefs and incentives. Image
Read 7 tweets
Oct 16, 2020
(1/5) The three-person tax problem.

It's possible to work for the same employer and be taxed in different ways depending on whether you're:

1⃣Employed
2⃣Self-employed
3⃣A limited company

Read on to find out more👇
(2/5) These differences arise because of the different ways the tax system deals with different things.

Employees pay income tax and national insurance.
(3/5) The self-employed pay income tax and Class 4 national insurance, which is lower than an employee.
Read 5 tweets
Oct 14, 2020
⏳One hour to go until our evidence session on #decarbonisation and #GreenFinance.

We'll hear from:

✅Saker Nusseibeh @FedHermesIntl
✅Sandra Boss @blackrock
@huwevans71
@stevewaygood

📺Watch it live at 2.30pm here👇

parliamentlive.tv/Event/Index/d0… Image
We're underway with our evidence session on #decarbonisation and #GreenFinance.

📺Watch it live here👇

parliamentlive.tv/Event/Index/d0… ImageImageImageImage
.@stevewaygood from Aviva Investors told us that climate change is the world's biggest market failure. Image
Read 11 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(