Treasury - Second Report
Here you can browse the report together with the Proceedings of the Committee. The published report was ordered by the House of Commons to be printed 17 January 2006.
CONTENTS
Terms of Reference
REPORT
1 INTRODUCTION
Conduct of the inquiry
Prior announcement of the date of the Pre-Budget
Report
2 THE ECONOMY
The United Kingdom Presidency of the
G7/8
The recent past
Macroeconomic stability
Growth in 2006 and beyond
Monetary policy
Measuring service sector output
Consumer spending and the housing market
Business investment and pension fund deficits
Oil and gas prices
The labour market
The degree of spare capacity (the output
gap)
3 THE PUBLIC FINANCES
The fiscal policy framework and the fiscal
position
The fiscal policy framework
Meeting the golden rule in the current economic
cycle
Meeting the sustainable investment rule in
the current economic cycle
The fiscal rules: audit, scrutiny and review
Revenues
The Treasury's revenue forecasting record
Expenditure
Current spending and end-year flexibility
Longer term expenditure plans and the Comprehensive
Spending Review
4 OTHER ISSUES
An independent Office for National Statistics
SIPPs and pensions simplification
Tax avoidance
The disclosure regime
Other tax issues
The planning gain supplement
The North Sea supplementary charge
Tax credits
The Pensions Commission
Combating fuel poverty
Public sector pensions
The Operating and Financial Review
Unclaimed assets
CONCLUSIONS AND RECOMMENDATIONS
FORMAL MINUTES
LIST OF WITNESSES
LIST OF WRITTEN EVIDENCE
LIST OF REPORTS FROM THE TREASURY COMMITTEE
DURING THE CURRENT PARLIAMENT
MINUTES OF EVIDENCE
WRITTEN EVIDENCE
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