Pre-Budget Report 2008
The Pre-Budget Report 2008, ' Facing global challenges: supporting people through difficult times', is published today 24 November 2008.
View ArticleIndependent Review into British Offshore Financial centres
The Government today announced that Michael Foot, currently Chairman of the UK office of Promontory Financial Group, will lead the independent review of British offshore financial centres announced at...
View ArticleNew scheme to help people at risk of repossession
The Government today announced a new scheme to help people who suffer a temporary loss of income stay in their home.
View ArticleSupplementary documents index
Supplementary documents published alongside the Pre-Budget Report 2008
View ArticleEdinburgh Chamber of Commerce Dinner
Let me start by thanking the Edinburgh Chamber of Commerce for the invitation to address you all tonight. And it is a pleasure to be able to do so in my own constituency. ...
View ArticleBank of England - Deputy Governor
Her Majesty The Queen has been pleased to approve, under the Bank of England Act 1998, the appointment of Paul Tucker to succeed Sir John Gieve as the Deputy Governor of the Bank of England for...
View ArticleThe Homeowner Mortgage Support Scheme
The Government today announced further details of the Homeowner Mortgage Support Scheme, intended to provide greater assurance to homeowners that they will be able to remain in their homes if they...
View ArticleGovernment launches consultation on Islamic finance in the UK
A joint TreasuryFSA consultation on proposals for the legislative framework for the regulation of alternative finance investment bonds, which include sukuk, was launched today by Ian Pearson MP,...
View ArticleRegional press notices
The Government is today providing details of the regional impact of the £20 billion fiscal stimulus announced by the Chancellor in the Pre-Budget report on Monday 24 November.
View ArticleChange in Bonus Rates for SAYE sharesave scheme
The Government today announced changes in the bonus rates for the Save As You Earn (SAYE) Sharesave scheme that will maintain them in line with other interest rates.
View ArticleChanges to Credit Guarantee Scheme
The Government is today announcing proposals for changes to the Credit Guarantee Scheme
View Article1.5 million people to benefit from free cash machines in low-income areas
Around 1.5 million people will benefit from the placement of over 600 non-charging cash machines in low income areas, Economic Secretary to the Treasury, Ian Pearson MP, and Treasury Select Committee...
View ArticleUK official holdings of international reserves
Part I: UK Government Foreign Currency Assets and Liabilities November 2008. UK Government net reserves rose by $2,248 million in November 2008, bringing the end-November total to $26,487 million...
View ArticleFour millionth Child Trust Fund milestone reached
The Economic Secretary, Ian Pearson MP, announced today that over four million Child Trust Fund accounts have been opened since they were introduced in 2005, ...
View ArticleHM Treasury and FSA announce partners for £12 million Money Guidance...
The first group of partners, who will help to deliver the new £12 million Money Guidance pathfinder, were announced today by HM Treasury and the Financial Services Authority (FSA).
View ArticleGovernment Responds to Equitable Life Report
The Government has today responded to the Parliamentary Ombudsmans Report into the prudential regulation of the Equitable Life Assurance Society from 1988 to December 2001...
View ArticleStatement on financial intervention to support lending in the economy
With the global economic downturn intensifying in the past two months, the Government is today announcing a comprehensive package designed to reinforce the stability of the financial system, to...
View ArticleStatement on the Governments Asset protection scheme
As part of a a comprehensive package designed to reinforce the stability of the financial system, to increase confidence and capacity to lend, and in turn to support the recovery of the economy the...
View ArticleStatement to the House of Commons on Bank Lending
Mr Speaker, with permission, I want to make a statement on todays announcements on bank lending. The House will, I hope, understand that it was necessary to issue a market notice this morning, in the...
View ArticleUK official holdings of international reserves
Part I: UK Government Foreign Currency Assets and Liabilities January 2009 1. UK Government net reserves fell by $166 million in January 2009, ...
View ArticleProtecting consumers in the sale and rent back market
The Government is today launching a consultation document on strengthening protection for vulnerable homeowners. The Government is proposing that companies offering sale and rent back agreements, which...
View ArticleIndependent review of corporate governance of UK banking industry by Sir...
The Chancellor of the Exchequer, the Secretary of State for Business, Enterprise and Regulatory Reform and the Financial Services Secretary to the Treasury today announced a review to recommend...
View ArticleNew legislation on payment services to deliver benefits for consumers and...
The Government yesterday laid before Parliament regulations to implement the EU Payment Services Directive (PSD) into UK legislation...
View ArticlePublic Sector Procurement conference
Good morning and thank you to our hosts, GovNet, for organising this conference and for giving me the opportunity to speak to you today. Id like to say a few words about public procurement in the...
View ArticleConsultation on dormant bank accounts launched
The Government today launched a consultation on secondary legislation to establish a UK dormant accounts scheme. Subject to responses, the Government will introduce the legislation in Parliament later...
View ArticleNorthern Rock
Northern Rock will increase mortgage lending by up to £14 billion over the next two years in plans announced today. A new business strategy has been agreed that will see around £5billion of new...
View ArticleHM Treasury appoints new Managing Director, Public Services and Growth...
The Prime Minister, on the recommendation of the Chancellor, has appointed Andrew Hudson as Managing Director (Public Services and Growth Directorate), HM Treasury. ...
View ArticleAsset Protection Scheme
Mr Speaker, with permission, I want to make a statement on the bank Asset Protection Scheme and todays agreement with the RBS group. ...
View ArticleAsset Protection Scheme and increased lending
The Government is today making two important announcements to further enhance financial stability and support increased lending to homeowners and businesses.
View ArticleStatement on the Government's Asset Protection Scheme
On 19 January the Government set out a comprehensive plan to remove the remaining obstacles to increased bank lending and restore confidence to financial markets. The Government is today announcing the...
View ArticleMonetary Policy Committee Appointment
The Chancellor today announced that David Blanchflower, external member of the Monetary Policy Committee (MPC), will step down when his term expires at the end of May 2009...
View ArticleSafeguarding Government infrastructure investment
The Chief Secretary to the Treasury, Yvette Cooper, today announced Government action to ensure vital PFI infrastructure projects will go forward as planned despite the current financial market...
View ArticleInnovative Vaccine Investment now available in ISAs
Retail investors are to be offered an opportunity to invest in a new Vaccine Investment ISA that aims to raise £50 million to vaccinate children in the worlds poorest countries.
View ArticleUK official holdings of international reserves
UK Government net reserves fell by $6 million in February 2009, bringing the end-February total to $27,849 million (£19,539 million) compared with $27,856 million (£19,322 million) at end-January 2009....
View ArticleAsset Protection Scheme - agreement with Lloyds
The Government is today announcing an agreement in principle with Lloyds Banking Group (Lloyds) to participate in the Asset Protection Scheme.
View ArticleChanges to the Financial Services Authority Board
The appointment of Hugh Stevenson as the chairman of the FSAs committee of non-executive directors (NEDCo) was announced today.
View ArticleBradford & Bingley plc Compensation Scheme: applications invited for...
The Treasury is inviting applications for the position of independent valuer to assess any compensation that may be payable to former holders of the shares in Bradford & Bingley plc that were...
View ArticleHM Treasury warns businesses of serious threats posed to the international...
This notice constitutes advice issued by HM Treasury about serious threats posed to the integrity of the international financial system.
View ArticleSecuring a fair framework for homeowners
Today the Government announced new rules to help protect homeowners, who may be facing the threat of repossession.
View ArticleGovernment waives VAT for Help For Heroes X-Factor campaign
The Chancellor of the Exchequer, the Rt Hon Alistair Darling MP, has today announced that the Government will waive VAT on the sale of the X-Factor Help For Heroes single, by making an exceptional...
View ArticleTreasury communications
Jean-Christophe Gray, currently a senior civil servant in HM Treasurys International Finance Directorate, has been appointed Head of Press at HM Treasury and becomes the Chancellors principal...
View ArticleReport of Professional Services Global Competitiveness Group
The Professional Services Global Competitivnesss Group (PSGC) has today published its report into the medium and long-term challenges facing professional services in the UK.
View ArticleAppointment to Monetary Policy Committee
The Chancellor of the Exchequer today announced that David Miles has been appointed to succeed David Blanchflower as an external member on the Monetary Policy Committee (MPC). The appointment, which...
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