Sessional Returns Session 1998-99 - Contents


10. SELECT COMMITTEES

38. Treasury

The Committee was nominated on 16 July 1997.
It had 12 Members and held 35 meetings.


Members
Meetings
attended

Radice, Mr Giles (Chairman)
35
Blackman, Mrs Liz
29
Cable, Dr Vincent
29
Cousins, Mr Jim
27
Fallon, Mr Michael (added, 5.7.99)
7
Gibb, Mr Nick (discharged, 30.11.98)
0
Kidney, Mr David
28
Lloyd, Sir Peter (discharged, 5.7.99)
24
Moonie, Dr Lewis
22
Ruffley, Mr David (added, 30.11.98)
21
Sedgemore, Mr Brian
13
Smith, Jacqui
27
Spicer, Sir Michael
21
Taylor, Sir Teddy
26

Overall attendance:
73.6 %
Number of Members added:
2
Number of Members discharged:
2
Turnover of membership during the Session:
17 %

Staff
Committee Clerk: Mr Simon Patrick, Deputy Principal Clerk (Senior Structure Band 2)
Second Clerk: Ms Jennifer Long, Senior Clerk (Band A2)
Committee Assistant: Ms Jane Fox, Senior Executive Officer (Band B1)
Committee Specialists: Mr Jonathan Lepper (Band B1)and (from 22.3.99) Mr Timothy Jarrett(Band B1)
Secretary: Miss Michelle Owens, Secretary (Band C) (until 1.3.99); Miss Susan Wakeling, Secretary (Band C) (1.3.99 until 30.9.99); Miss Carolyn Wilson, Secretary (Band C) (from 1.10.99)
Senior Office Clerk: Mr Michael Cruickshank, Senior Office Clerk (Band D1)

Specialist Advisers during the Session
Professor Charles Bean, Mr Roger Bootle, Professor David Heald, Professor David Miles, Mrs Bridget Rosewell and Mr David Walton.

Witnesses
Oral evidence was given during the Session by the following categories of witnesses:
    Number of appearances by:
        Cabinet Ministers 3
        Other Ministers (of which one was by a member of the House of Lords) 6
    Number of appearances by officials from, or representatives of:
        HM Treasury 18
        public bodies and non-Ministerial departments: 31
            comprising: Bank of England 25
            Financial Services Authority 6
    Appearances by other witnesses (including one by a member of the House of Lords) 61

Overseas Visits

DateDestination MembersStaff PurposeCost
25-26.5.99
Frankfurt
9
2
To visit European Central Bank
£8,000.00(estimated outturn)
11-13.10.99 Washington
9
2
Discussions with International Monetary Fund and World Bank, the US Government and the Federal Reserve Bank
£47,133.00(estimated outturn)*
14-15.10.99Ottawa and Toronto
  
  
For Sub-committee to investigate merger of Canadian taxation departments for Inland Revenue and Customs & Excise inquiries
  

*Includes Sub-committee visit to Ottawa and Toronto

Visits to European Institutions

DateDestination
Members
Staff
Purpose
Cost
23.11.98Brussels
1*
1
To attend meeting of European Parliament Budgets Committee
£752.05
13.10.99Brussels
1*
1
To attend meeting of European Parliament Committee on Economic and Monetary Affairs
£766.00(estimated outturn)

* Travel in a representative capacity

UK Visits

Date
Destination
Members
Staff
Purpose
Cost
9.2.99
Bank of England and Stock Exchange
9
3
Briefing on the establishment of the euro
£140.00
21.7.99
International Primary Market Association (LIPMA) and London International Financial Futures and Options Exchange (LIFFE)
4
2
Briefing on the work of the organisations
£71.46



Reports and Minutes of Evidence  

Title
HC No
(1998-99)
Date of
publication
No. of
pages
Sale price
Government
reply
First Report: Office for National Statistics
43-I
17.12.98
22
£5.80
Received 17.12.98: published as Second Special Report, Session 1998-99
Evidence and Appendices: Office for National Statistics
43-II
22.12.98
124
£15.90
Not applicable
Second Report: The World Economy and the Pre-Budget Report
91-I
14.1.99
23
£15.90
Received 15.3.99: published as Third Special Report, Session 1998-99
Evidence and Appendices: The World Economy and the Pre-Budget Report
91-II
18.1.99
121
£17.00
Not applicable
Third Report: Financial Services Regulation
73-I
4.2.99
31
£7.00
Received 19.3.99: published as Fourth Special Report, Session 1998-99
Evidence and Appendices: Financial Services Regulation
73-II
10.2.99
114
£15.90
Not applicable
Fourth Report: The 1999 Budget
325
1.4.99
101
£13.60
Received 9.6.99: published as Fifth Special Report, Session 1998-99
Fifth Report: The Monetary Policy Committee of the Bank of England: Confirmation Hearings
476-I
25.5.99
7
£2.55
Not applicable
Minutes of Evidence
476-II
25.6.99
25
£7.00
Not applicable
Sixth Report: Inland Revenue
199
27.5.99
151
£19.50
Received 13.7.99: published as Sixth Special Report, Session 1998-99
Seventh Report: Public Service Agreements
378
1.7.99
99
£13.60
Received 21.10.99:published as Seventh Special Report, Session 1998-99
Eighth Report: The Monetary Policy Committee—Two Years On
505
26.7.99
99
£12.40
Received (HM Treasury 19.10.99 and Bank of England 22.10.99):published as Eighth Special Report, Session 1998-99
Ninth Report: Demutualisation
605-I
27.7.99
24
£5.50
Received 22.10.99: published as Ninth Special Report, Session 1998-99
Evidence and Appendices: Demutualisation
605-II
6.8.99
145
£17.00
Not applicable
Tenth Report: Valuation Office Agency
420
28.10.99
126
£15.90
Awaited
First Special Report: Government Response to the Ninth Report of 1997-98
140
18.1.99
14
£4.00
Not applicable
Second Special Report: Government Response to the First Report of 1998-99
267
25.2.99
7
£2.25
Not applicable
Third Special Report: Government Response to the Second Report of 1998-99
339
23.3.99
6
£2.25
Not applicable
Fourth Special Report: Government Response to the Third Report of 1998-99
347
25.3.99
9
£3.40
Not applicable
Fifth Special Report: Government Response to the Fourth Report of 1998-99
536
17.6.99
7
£2.25
Not applicable
Sixth Special Report: Government Response to the Sixth Report of 1998-99
746
22.7.99
12
£3.40
Not applicable
Seventh Special Report: Government Response to the Seventh Report of 1998-99
849
1.11.99
9
£3.40
Not applicable
Eighth Special Report: Government and Bank of England Response to the Eighth Report of 1998-99
850
1.11.99
10
£3.40
Not applicable
Ninth Special Report: Government Response to the Ninth Report of 1998-99
880
4.11.99
6
£2.25
Not applicable
Minutes of Evidence: Bank of England November Inflation Report
37- i &-ii
30.12.98
43
£8.80
Not applicable
Minutes of Evidence: The Council of Economic and Finance Ministers (ECOFIN)
186-i
5.3.99
20
£5.50
Not applicable
Minutes of Evidence: Bank of England February Inflation Report
268-i & -ii
24.3.99
38
£8.00
Not applicable
Minutes of Evidence: Outline National Changeover Plan
290-i
29.3.99
17
£4.75
Not applicable
Minutes of Evidence: Tax Competition and Co-ordination
425-i
2.6.99
19
£5.50
Not applicable
Minutes of Evidence: The Council of Economic and Finance Ministers (ECOFIN); Tax Competition and Co-ordination
425-ii
12.8.99
39
£5.50
Not applicable
Minutes of Evidence: Bank of England May Inflation Report
480-i & ii
8.7.99
39
£8.80
Not applicable




Minutes of Proceedings
The Minutes of Proceedings of the Committee for Session 1997-98 were published on 15.4.99 as HC 1182, Session 1997-98. The Minutes of Proceedings of the Committee for Session 1998-99 will be published as
HC 921, Session 1998-99.

Divisions

Date
Subject
2.2.99Four, on amendments proposed to Chairman's draft Report on Financial Services Regulation.
30.3.99Five, on amendments proposed to Chairman' s draft Report on The 1999 Budget
24.5.99One, on an amendment proposed to Chairman's draft Report on The Monetary Policy Committee of the Bank of England: Confirmation Hearings
20.7.99Thirteen, on amendments proposed to Chairman's draft Report on The Monetary Policy Committee—Two Years On

Debates

The following Reports were referred to on the Order Paper as being relevant to debates in the House:

    Second Report, Session 1998-99, The World Economy and Pre-Budget Report: debate on Budget Resolutions, 9.3.99;

    Fourth Report, Session 1998-99, The 1999 Budget: debate on the Second Reading of the Finance Bill, 20.4.99;

    Third Report (and Fourth Special Report), Session 1998-99, Financial Services Regulation: debate on Second Reading of Financial Services and Markets Bill, 28.6.99;

    Eighth Report, Session 1998-99, The Monetary Policy Committee—Two Years On: debate on Economic Stability and Public Services, 27.7.99;

    First Report (and Second Special Report), Session 1998-99, The Office for National Statistics: debate on the Adjournment, 19.10.99;

Evidence
Oral evidence was taken at 30 of the Committee's 35 meetings. On 2 of these occasions evidence was taken wholly in private.

Inquiry
No. of oral evidence sessions
No. of memoranda received
No. of memoranda received from
No. of memoranda published
No. of memoranda made available in the Record Office for public use and placed in the Library
  
  
  
Govt. Departments
executive agencies
public bodies†
  
  
The World Economy and Pre-Budget Report‡
1
8
1
0
3
13
0
Financial Services Regulation*
4
58
7
0
3
20
47
The 1999 Budget
3
17
4
0
0
10
1
The Bank of England:
   
   
   
   
   
   
   
 -November Inflation Report‡
1
1
0
0
0
6
0
 -February Inflation Report
2
4
0
0
0
4
0
 -May Inflation Report
2
5
0
0
5
5
0
 -Confirmation Hearings
2
2
0
0
0
2
0
 -Monetary Policy Committee—Two Years On
3
19
4
0
2
15
0
Public Service Agreements
3
 18
6
0
0
12
0
Resource Accounting and Budgeting
0
14
8
0
6
0
0
Tax Competition and Co-Ordination (One evidence session includes a hearing on ECOFIN)
2
20
3
0
0
3
0
ECOFIN and National Changeover Plan
2
7
7
0
0
4
0
Demutualisation
3
43
2
0
0
26
14
Financial Services Authority
1
2
0
0
0
2
0
Private Finance Initiative*
1
10
0
0
0
2
0
Other
0
11
3
0
0
1
0
Total
30
239
45
0
19
125
62

†Includes non-Ministerial Departments
‡The Committee took oral evidence and received memoranda for this inquiry in Session 1997-98; these figures are therefore incomplete


 
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Prepared 21 December 1999