My Week in Westminster - 29th March 2018

Supported the Prime Minister’s Statement on the European Council - the Prime Minister updated the House on the most recent meeting at the European Council. Following her statement, I congratulated her on the implementation period agreed last week, which is something that businesses have been calling for, as it provided much needed certainty. I also made it clear that businesses need to know that there will be regulatory forbearance and understanding by regulators during the implementation period as they adjust to a new set of rules. If you would like to read her statement and response to my intervention, you can do so here.

 

Chaired a Treasury Select Committee evidence session on women in finance – it is so important that the finance industry attracts a diverse and talented pool of future employees. Therefore, the Committee is conducting an inquiry to identify the barriers to women entering and progressing in the financial services industry. As part of this, this week, we took evidence from John Glen MP, Economic Secretary to the Treasury, and Victoria Atkins MP, Minister for Women. This session can be found here

 

Chaired a Treasury Select Committee evidence session on the UK's economic relationship with the EU – last year we launched an inquiry into this which will consider, among other things, transitional arrangements, preparedness for 'no deal', and the long-term economic relationship. As part of this, this week, we took evidence from representatives from King’s College London, IPPR, Migration Watch and the Migration Observatory at University of Oxford. This session can be found here.

 

Launched three tax inquiries – the Treasury Committee launched an inquiry on VAT. The Treasury Sub-Committee also launched two inquiries on tax avoidance and evasion, and the conduct of tax enquiries and the resolution of tax disputes. We are currently accepting written evidence on these matters. If you would like to participate, please do send an email to: treascom@parliament.uk

 

Launched an inquiry into economic crime - the Treasury Committee launched an inquiry which will look at the anti-money laundering and sanctions regime, and will consider economic crime as it affects consumers. We are currently accepting written evidence on these matters. If you would like to participate, please do send an email to: treascom@parliament.uk