PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
Dont have an account?Sign up here
Experts from three major financial institutions have given a cautious reaction to the Office for Budget Responsibility's projections for the economy. Appearing before MPs on the Treasury Committee, the economists agreed the UK had return... Continue to article
Two and half years ago when I started researching and writing a book on the collapse of the Royal Bank of Scotland, certain friends advised against it. By the time it was published wouldn’t the RBS disaster have been resolved? Surely t... Continue to article
Andrew Tyrie said David Cameron's announcement of a review in to the Co-Op Bank at PMQs was not the best way to secure all-party support. "We’re not the full regulatory inquiry, what we need and what we’re now going to have is a regulato... Continue to article
Deputy prime minister Nick Clegg attends the GG2 leadership awards in London (18.00) Culture secretary Maria Miller is expected to make an announcement on the telecoms sector Energy secretary Ed Davey speaks at the Green Skills for Gr... Continue to article
Andrew Tyrie said the Financial Services Authority had been a "complete disaster" in its role of scrutinising the Co-op Bank after the revelations that Paul Flowers, who stepped down as the bank's chairman in the summer, had been caught on ... Continue to article
Members of the Parliamentary Commission on Banking Standards have blasted the Government for bringing forward a debate on banking reform. After the Government announced yesterday it would pause the second part of its Lobbying Bill, open... Continue to article
Andrew Tyrie said today’s proposals to change the structure of the Royal Bank of Scotland with a greater focus on lending to small and medium-sized businesses had left the bank in a “much better place”. “It’s certainly not cosmetic. Two ... 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.
23/11/2013 on Week In Westminster, BBC Radio 4
18/11/2013 on World at One, BBC Radio 4
11/11/2013 on World at One, BBC Radio 4
01/11/2013 on World at One, BBC Radio 4
01/10/2013 on Parliamentary Commission on Banking Standards
Summaries and transcripts from TV and radio
3 hours ago on Newsnight, BBC Two
3 hours ago on Newsnight, BBC Two
10/12/2013 on BBC News