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Andrew Tyrie said the Bank of England's plan to claw back on bankers' bonuses is "draconian" and should only be used in the most serious misconduct cases. "What [the Banking Commission] recommended was that clawback - in the cases of the... Continue to article
António Horta-Osório, Group Chief Executive of Lloyds Banking Group, has written to Andrew Tyrie MP, Chairman of the Treasury Committee, to acknowledge that the bank has issued letters on debt collection under the name Sechiari Clark & Mitc... Continue to article
Chuka Umunna accused the Chancellor of “running scared” of allowing the Office for Budget Responsibility to audit Labour’s economic strategy in the run up to the 2015 general election. “One of the things we are asking for, and there is... Continue to article
Andrew Tyrie, chairman of the All-Party Parliamentary Group on Extraordinary Rendiiton, has warned William Hague that MI6 staff may have breached confidentiality in supplying information to the press over the rendition of Abdel Hakim Belhadj to Libya in 2004.
In a letter to the Foreign Secretary Mr Tyrie wrote: “These reports are attributed to ‘well-placed sources’. The context suggests that these sources may well be from within MI6. If so this would represent staff from the intelligence agencies briefing the press."
The Treasury Select Committee has criticised the Bank of England for not providing information about talks held surrounding the collapse of Northern Rock in 2007. Andrew Tyrie, as chair of the Treasury Select Committee, hit out at the Bank's lack of accountability and insisted the Committee could not complete its task until the information was provided.
MPs have said that the Private Finance Initiative, used by previous governments to pay for new schools and hospitals, is "poor value for money".
The Treasury Select Committee has said that it is "illusory" that PFI shields the taxpayer from risk, and that it is no more efficient than other forms of borrowing. The committee recommended that PFI borrowing be included in the Government debt.
Committee chair and Conservative MP Andrew Tyrie accused governments of being "addicted" to PFI, and told the BBC this morning that "the whole thing has got out of hand, and it is the taxpayer who has been ripped off".
The BBC has apologised to Conservative MP Andrew Tyrie after a report during the Conservative Party conference "gave a misleading impression that Andrew Tyrie MP had been influenced by a Downing Street official to say something he did not believe to be true". The report suggested that a meeting at the conference between Mr Tyrie and policy guru Steve Hilton was the impetus behind Mr Tyrie adopting a more positive view of the Government's economic policy.
David Cameron has moved to reassure voters after a prominent Conservative MP warned the Government was not doing enough to promote economic growth and that “piecemeal policies” need “radical improvement". Andrew Tyrie, chair of the Treasury Select Committee, suggested tax cuts to stimulate growth and questioned the value of focusing on Big Society initiatives. But, speaking on a hospital visit this afternoon, Mr Cameron insisted the Government was "totally committed to growth".
Labour's Chris Leslie hit out at the Government, saying that Mr Tyrie's comments show that they have "no credible or coherent plan for growth". Conservative former minister John Redwood said that Mr Tyrie spoke "for a lot of Conservatives" but suggested not all Tories were "using the same language".
Chair of the Treasury Select Committee Andrew Tyrie has told the Financial Times that governance arrangements at the Bank of England will have to be overhauled before MPs can give the institution more power. Paul Fisher, a member of the Bank of England’s Monetary Policy Committee, warned yesterday of the threat of a "deflationary rut", saying more quantitative easing could be needed if deflation becomes a risk.
30/07/2014 on World at One, BBC Radio 4
22/06/2014 on The Andrew Marr Show, BBC One
03/02/2014 on World at One, BBC Radio 4
21/12/2013 on Week In Westminster, BBC Radio 4
23/11/2013 on Week In Westminster, BBC Radio 4
Summaries and transcripts from TV and radio
2 hours ago on Today, BBC Radio 4
3 hours ago on Today, BBC Radio 4
3 hours ago on Sky News