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Treasury Committee Profile picture
@CommonsTreasury
Sep 9, 2020 • 11 tweets • 8 min read • Read on X
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The next evidence session for our inquiry into #decarbonisation of the UK economy and #GreenFinance is just about to start.

📺Watch it live here👇

parliamentlive.tv/Event/Index/0f…
And we're off!

📺Watch it live here👇

parliamentlive.tv/Event/Index/0f… ImageImageImageImage
.🗣️@emilyshuckburgh tells us that we've experienced what a global shock looks like with #coronavirus, adding that "the state of our climate, if we do not address that, is going to create a much greater global shock." Image
🗣️Chris Cummings from @InvAssoc tells us that the UK should use the current crisis as an opportunity to establish itself as a global centre of Environmental, Social and Governance investing. Image
🗣️@DanielOKlier tells us that there is evidence that climate-aligned investments outperformed the market by 10% over the six month crisis period.

But recent regulatory changes have made it more difficult to hold elongated investments. Image
🗣️Explaining why climate-aligned investments outperformed the market, @DanielOKlier said that the crisis has emphasised industries with a low carbon footprint, and exposed those with a high carbon footprint. Image
Due to a vote in the @HouseofCommons, the evidence session has been suspended for 15 minutes. Image
🔜Another vote has delayed the session resuming. We'll be back shortly.
We're back, with questions from @rushanaraali to @NVJRobins1 for our inquiry into #decarbonisation of the UK economy and #GreenFinance.

📺Watch it live here👇

parliamentlive.tv/Event/Index/0f… ImageImage
Last up, @ab4scambs asks about transition finance to bridge the gap from brown to green parts of the economy.

@DanielOKlier said that there are no significant regulatory barriers that are preventing this from happening. Image
That's all for today. Thanks to all of our witnesses for providing evidence to our inquiry into #decarbonisation of the UK economy and #GreenFinance.

Watch it on demand here:

parliamentlive.tv/Event/Index/0f…

Join us for our next session on Tue 15 Sep at 9.30am on #TaxAfterCoronavirus.

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More from @CommonsTreasury

Treasury Committee Profile picture
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
Treasury Committee Profile picture
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
Treasury Committee Profile picture
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
Treasury Committee Profile picture
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
Treasury Committee Profile picture
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
Treasury Committee Profile picture
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

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