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The Latest Breaking News from Harriett Baldwin

UK set to be the fastest growing European economy, IMF forecasts in boost to Reeves

After weeks of economic turbulence, new figures suggesting better growth in 2025 than previously expected will come as a welcome relief for the embattled chancellor

The Independent UK

Resignations of Case and Moore prompt difficult questions for Garrick members

Both men U-turn within 24 hours of refusing to resign as colleagues and critics express dismay at club’s continuing lack of diversity

The Guardian - UK

Sexism in the City 'still rife' as MPs report that reform is moving at 'snail's pace'

Banking needs tough legislation to stop sexual harassment

Evening Standard

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Sexism in the City: ‘No matter how hard I work, they will never ever recognise me’

Exclusive: witnesses to UK parliament’s inquiry share their stories from the world of finance

The Guardian - UK

Queue time for UK tax helplines now worse than in pandemic

Anger from MPs and experts after HM Revenue and Customs curbs phone advice until after January deadline

The Guardian - UK

Self-assessment helpline will focus on ‘priority queries’ in run-up to deadline

Treasury Committee chairwoman Harriett Baldwin has written to HMRC CEO Jim Harra ‘to get much-needed answers about what this means for taxpayers’.

The Independent UK

Digital pound should not be considered until risks addressed, MPs warn

Treasury select committee highlights concerns over data privacy and increased possibility of bank runs

The Guardian - UK

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Autumn Statement: Jeremy Hunt to 'give back' some of the extra billions he's getting from taxes, says top Tory

The Chancellor will also promise dozens of measures to boost economic growth

Evening Standard

City 'failing to fully tackle alpha male' culture penalising women, MPs told

Treasury committee hears that sexual harassment is still 'prevalent' in the Square Mile

Evening Standard

Bank cut my bonus because I had a baby, says MP leading City sexism inquiry

Treasury committee head Harriett Baldwin has revealed how ex-boss at JP Morgan bank cut perk after she returned from maternity leave

The Guardian - UK

Harriett Baldwin: the fund manager turned Tory MP fighting sexism in the City

The fund manager turned politician is gunning for an industry that has not crawled out of the sexist dark ages. She may then turn her fire on Westminster

The Guardian - UK

MP accuses UK’s biggest banks of being ‘far too slow’ to reward savers

Harriett Baldwin, who chairs the Treasury Committee, said the ‘big four’ banks have not done enough to pass on higher interest rates to savers.

The Independent UK

Banks under fire as HSBC profits surge while borrowers are squeezed

The chair of the Treasury Committee said the latest figures show major lenders are not sufficiently passing on higher interest rates to savers

The Independent UK

Tax relief system needs overhaul to prevent abuse, say MPs

Treasury committee report says tax system is too complicated and finds two-thirds of relief policies are uncosted

The Guardian - UK

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The Independent UK

Tangled tax break approach needs drastic overhaul, MPs warn

An inquiry by the Commons Treasury Committee expressed concern about a serious lack of scrutiny of the tax reliefs.

The Independent UK

Savings providers must keep customers informed about available rates – watchdog

FCA boss Nikhil Rathi said firms will need a strategy to ensure customers are adequately informed of available rates across their product set.

The Guardian - UK

Watchdog summons UK bank bosses to discuss weak savings rates

Financial Conduct Authority to meet executives on Thursday as part of its investigation into savings market

Evening Standard

Tarring all crypto with the same brush is just nonsense

City Voices: MPs say Cryptocurrencies are “gambling”? Of course they are — that’s what investing is

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The Independent UK

‘Lack of clarity’ concerns raised over impact of self-assessment helpline change

Treasury Committee chairwoman Harriett Baldwin said she is disappointed at HMRC’s response to questions on changes to the self-assessment helpline.

Evening Standard

Banks slammed for dragging their feet in passing on interest rate rises to loyal savers

Britain’s banks were slammed on Friday for failing to quickly hike saving rates after the Bank of England increases interest rates.

Daily Record

New HMRC change this summer set to impact every self-assessment taxpayer

More than 12 million people are expected to file a tax return for the 2022 to 2023 tax year.

The Independent UK

Banks should increase returns on savings amid interest rate rises, says top Tory

Harriett Baldwin, chairwoman of the Treasury Select Committee, suggested banks should take the step if they are also raising mortgage rates.

Wales Online

HMRC self-assessment helpline to close over the summer as customers sent online

A new "seasonal model" is being trialled but MPs are concerned it could have a "significant impact" on taxpayers

The Independent UK

Concerns raised about ‘short notice’ of self-assessment helpline changes

The Treasury Committee is looking for clarification that the costs and benefits of the decision have been fully considered.

The Independent UK

Big banks offering ‘measly’ savings rates to loyal customers, say MPs

The Treasury Committee found that a ‘loyalty penalty’ was especially prominent for elderly and vulnerable customers.

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