Work of the Committee, 2007-08 - Treasury Contents


Annex 1: Sessional Return


The Committee was nominated by the House of Commons on 13 July 2005.
Members

McFall, John (Chairman)

Ainger, Nick (added 8.11.07)

Brady, Mr Graham

Breed, Mr Colin

Cousins, Jim

Crabb, Mr Stephen (added 17.11.08)

Dunne, Mr Philip (discharged 17.11.08)

Eagle, Angela (discharged 8.11.07)

Fallon, Mr Michael

Keeble, Ms Sally

Love, Mr Andrew

Mudie, Mr George

Simon, Mr Siôn

Thurso, John

Todd, Mr Mark

Viggers, Sir Peter

Overall Attendance:

Meetings attended

44 out of 44

34 out of 44

41 out of 44

19 out of 44

32 out of 44

0 out of 3

31 out of 41

0 out of 0

41 out of 44

31 out of 44

38 out of 44

21 out of 44

11 out of 44

33 out of 44

36 out of 44

32 out of 44

72.1 %

Total number of meetings: 44

Of which:
Number of meetings at which oral evidence was taken 34
Number of times oral evidence was taken partly or wholly in private 0
Number of wholly private meetings 10
Number of concurrent meetings with other committees 0
Other activities
Informal meetings (including overseas visitors) 9
Conferences/Seminars hosted 0

Staff

Details of the permanent staff of the Committee during the Session can be found in the Committee's publications.

Specialist Advisers during the Session

Roger Bootle, Professor Sheila Dow, Professor David Heald, Professor David Miles, Professor Anton Muscatelli, Professor Danny Quah, Bridget Rosewell, Professor Andrew Scott, Professor Colin Talbot and Professor Geoffrey Wood.

Witnesses
Oral evidence was given during the Session by the following categories of witnesses:
Number of appearances by:
Cabinet Ministers 4
Other Ministers 1
Members of the House of Lords 2
Number of appearances by officials from, or representatives of:
HM Treasury 2
Number of appearances from or representatives of public bodies and non-Ministerial departments comprising:
Bank of England (including Monetary Policy Committee) 13
Financial Reporting Advisory Board 1
Financial Services Authority 8
Financial Services Compensation Scheme 2
Office for National Statistics 1
Appearances by other witnesses 73

Overseas Visits
DateDestination MembersStaff PurposeCost
26-28.11.07Stockholm, Sweden McFall, Ainger, Brady, Fallon, Todd 2Financial Stability and Transparency and Counting the population inquiries £7,711.69
11-13.12.07Washington DC, USAA McFall, Fallon1 Financial Stability and Transparency inquiry £9,009.81
21-22.2.08Paris, FranceA Fallon1 OECD high-level Parliamentary seminar on recent financial market trends and issues £980.42
7-9.7.08Jersey and the Isle of Man McFall, Ainger, Brady, Love, Todd, Viggers 2Offshore Financial Centres inquiry £7,444.54
1-8.10.08Singapore and Tokyo, Japan McFall, Ainger, Brady, Breed, Dunne, Fallon, Love 2Financial Stability and Transparency inquiry £63,463.14

A Travel in a representative capacity

Visits to European Institutions
DateDestination MembersStaff PurposeCost
7-8.1.08European Central Bank, Frankfurt, Germany, and European Parliament, Brussels McFall, Ainger, Brady, Fallon, Love, Mudie, Thurso, Todd, Viggers 2Financial Stability and Transparency inquiry £6,454.26
22-23.1.08European Parliament, BrusselsA McFall1 IPU meeting on economic policy and financial stability £1,102.41

A Travel in a representative capacity

UK Visits
DateDestination MembersStaff PurposeCost
15.5.08Bank of England McFall, Breed, Dunne, Fallon, Keeble, Love, Thurso, Viggers 1Financial Stability and Transparency inquiry £87.43

Reports and Oral and Written Evidence
TitleHC No. (2007-08) Date of publication Government reply
First Report: The 2007 Comprehensive Spending Review 553.12.07 Received 25.3.08: published as Sixth Special Report Session 2007-08
Second Report: The 2007 Pre-Budget Report 54-I26.11.07 Received 25.3.08: published as Seventh Special Report Session 2007-08
Oral and Written Evidence: The 2007 Pre-Budget Report 54-II26.11.07 Not applicable
Third Report: The Work of the Committee in 2007 23018.1.08 Not required
Fourth Report: Climate Change and the Stern Review: the implications for Treasury policy 2314.2.08 Received 30.4.08: published as Eighth Special Report Session 2007-08
Fifth Report: Run on the Rock 56-I26.1.08 Received 10.7.08: published as Eleventh Special Report Session 2007-08
Oral and Written Evidence: Run on the Rock 56-II1.2.08 Not applicable
Sixth Report: Financial Stability and Transparency 3713.3.08 Received 10.7.08: published as Twelfth Special Report Session 2007-08
Seventh Report: Administration and expenditure of the Chancellor's departments, 2006-07 577.3.08 Received 21.5.08: published as Ninth Special Report Session 2007-08
Eighth Report: Re-appointment of Dr Andrew Sentance to the Monetary Policy Committee 454-I1.4.08 Not required
Oral and Written Evidence: Re-appointment of Dr Andrew Sentance to the Monetary Policy Committee 454-II7.5.08 Not applicable
Ninth Report: The 2008 Budget Report 4307.4.08 Received 16.6.08: published as Tenth Special Report Session 2007-08
Tenth Report: Re-appointment of Mervyn King as Governor of the Bank of England 524-I7.5.08 Not required
Oral and Written Evidence: Re-appointment of Mervyn King as Governor of the Bank of England 524-II9.6.08 Not applicable
Eleventh Report: Counting the population 183-I22.5.08 Received 18.9.08: published as Thirteenth Special Report Session 2007-08
Written Evidence: Counting the population 183-II15.1.08 Not applicable
Twelfth Report: Inherited Estates 49619.6.08 Received 27.10.08: published as Fifteenth Special Report Session 2007-08
Thirteenth Report: Budget Measures and Low-Income Households 32628.6.08 Awaited
Fourteenth Report: Appointment of Lord Turner of Ecchinswell as Chairman of the Financial Services Authority 916-I10.7.08 Not required
Oral and Written Evidence: Appointment of Lord Turner of Ecchinswell as Chairman of the Financial Services Authority 916-II13.10.08 Not applicable
Fifteenth Report: Appointment of Charlie Bean as a Deputy Governor of the Bank of England 917-I10.7.08 Not required
Oral and Written Evidence: Appointment of Charlie Bean as a Deputy Governor of the Bank of England 917-II23.7.08 Not applicable
Sixteenth Report: Appointment of Spencer Dale to the Monetary Policy Committee of the Bank of England 1009-I23.7.08 Not required
Oral and Written Evidence: Appointment of Spencer Dale to the Monetary Policy Committee of the Bank of England 1009-II25.8.08 Not applicable
Seventeenth Report: Banking Reform 100816.9.08 Received 27.10.08: published as Fourteenth Special Report Session 2007-08
First Special Report: The efficiency programme in the Chancellor's departments: Government Response to the Committee's Eighth Report of Session 2006-07 6226.11.07 Not applicable
Second Special Report: Private equity: Responses from the Government and the Financial Services Authority to the Committee's Tenth Report of Session 2006-07 14510.12.07 Not applicable
Third Special Report: Financial inclusion follow-up: saving for all and shorter term saving products: Government Response to the Committee's Thirteenth Report of Session 2006-07 16717.12.07 Not applicable
Fourth Special Report: Globalisation: prospects and policy responses: Government Response to the Committee's Fourteenth Report of Session 2006-07 20111.1.08 Not applicable
Fifth Special Report: The Monetary Policy Committee of the Bank of England: ten years on: Government and Bank of England Responses to the Committee's Twelfth Report of Session 2006-07 2598.2.08 Not applicable
Sixth Special Report: The 2007 Comprehensive Spending Review: Government Response to the Committee's First Report of Session 2007-08 42825.3.08 Not applicable
Seventh Special Report: The 2007 Pre-Budget Report: Government Response to the Committee's Second Report of Session 2007-08 42925.3.08 Not applicable
Eighth Special Report: Climate Change and the Stern Review: the implications for Treasury Policy: Government Response to the Committee's Fourth Report of Session 2007-08 49530.4.08 Not applicable
Ninth Special Report: Administration and expenditure of the Chancellor's departments, 2006-07: Government Response to the Committee's Seventh Report of Session 2007-08 56421.5.08 Not applicable
Tenth Special Report: The 2008 Budget: Government Response to the Committee's Ninth Report of Session 2007-08 68916.6.08 Not applicable
Eleventh Special Report: Run on the Rock: Government Response to the Committee's Fifth Report 91810.7.08 Not applicable
Twelfth Special Report: Financial Stability and Transparency: Government Response to the Committee's Sixth Report 91910.7.08 Not applicable
Thirteenth Special Report: Counting the population: Government and Statistics Authority Responses to the Committee's Eleventh Report of Session 2007-8 103218.9.08 Not applicable
Fourteenth Special Report: Banking Reform: Government and Financial Services Authority Responses to the Committee's Seventeenth Report of Session 2007-08 113127.10.08 Not applicable
Fifteenth Special Report: Inherited Estates: Financial Services Authority and Office of Fair Trading Responses to the Committee's Twelfth Report of Session 2007-08 113227.10.08 Not applicable
Oral Evidence: Bank of England November 2007 Inflation Report 139-i17.1.08 Not applicable
Oral and Written Evidence: Private Equity 1667.7.08 Not applicable
Oral and Written Evidence: Financial Services Authority Annual Report, 2006-07 258-i6.5.08 Not applicable
Oral and Written Evidence: Financial Reporting and the National Accounts 397-i29.4.08 Not applicable
Oral and Written Evidence: Bank of England February 2008 Inflation Report 453-i28.4.08 Not applicable
Oral and Written Evidence: Financial Stability and Transparency 536 i-iii1.7.08 Not applicable
Oral and Written Evidence: Bank of England May 2008 Inflation Report 739 i-ii1.8.08 Not applicable
Oral and Written Evidence: Regulation of oil markets 987-i29.10.08 Not applicable
Oral and Written Evidence: Bank of England August 2008 Inflation Report 1033-i17.11.08 Not applicable
Oral and Written Evidence: Economics of the Housing Market 1092-i24.11.08 Not applicable
Oral Evidence published on the Internet: Offshore Financial Centres 895-i8.8.08 Not applicable
Uncorrected Oral Evidence published on the Internet: Banking Crisis 1167-i4.11.08 Not applicable
Uncorrected Oral Evidence published on the Internet: Banking Crisis 1167-ii17.11.08 Not applicable
Uncorrected Oral Evidence published on the Internet: Banking Crisis 1167-iii24.11.08 Not applicable
Uncorrected Oral Evidence published on the Internet: Banking Crisis 1167-iv24.11.08 Not applicable
Uncorrected Oral Evidence published on the Internet: Bank of England November 2008 Inflation Report 1210-i26.11.08 Not applicable
Written Evidence published on the Internet: Offshore Financial Centres 15.7.08 Not applicable
Written Evidence published on the Internet: Banking Crisis 17.11.08 Not applicable

Government replies to Reports for Session 2006-07

Reply to the Committee's Eighth Report: The efficiency programme in the Chancellor's departments, received 26.10.07 and published as the Committee's First Special Report Session 2007-08.

Reply to the Committee's Tenth Report: Private equity, received 22.11.07 and published as the Committee's Second Special Report Session 2007-08.

Reply to the Committee's Twelfth Report: The Monetary Policy Committee of the Bank of England: ten years on, received 30.01.08 and published as the Committee's Fifth Special Report Session 2007-08.

Reply to the Committee's Thirteenth Report: Financial inclusion follow-up: saving for all and shorter term saving products, received 06.12.07 and published as the Committee's Third Special Report Session 2007-08.

Reply to the Committee's Fourteenth Report: Globalisation: prospects and policy responses, received 13.12.07 and published as the Committee's Fourth Special Report Session 2007-08.

Formal Minutes

The Formal Minutes of the Committee were published electronically after each meeting of the Committee. They are available on the Committee's website at http://www.parliament.uk/treascom.

Divisions
DateSubject
24.1.08Five, on amendment proposed to the Chairman's draft report on Run on the Rock
11.9.08One, on consideration of the Committee's Report on Banking Reform

Debates

Committee reports were debated on 1 occasion in the House of Commons and on 1 occasion in Westminster Hall. Committee reports were tagged on the Order Paper as being relevant to debates in the House of Commons or Westminster Hall on 5 occasions and the subject of an Estimates Day debate on 1 occasion. Further details can be found in the Committee's Sessional Report.

Number of oral evidence sessions for each inquiry during the Session[68]
InquiryNumber of oral evidence sessions
Appointment of Charlie Bean as a Deputy Governor of the Bank of England 1
Appointment of Lord Turner of Ecchinswell as Chairman of the Financial Services Authority 1
Appointment of Spencer Dale to the Monetary Policy Committee of the Bank of England 1
Bank of England August 2008 Inflation Report 1
Bank of England February 2008 Inflation Report 1
Bank of England May 2008 Inflation Report 2
Bank of England November 2007 Inflation Report 1
Bank of England November 2008 Inflation Report 1
Banking Crisis4
Banking Reform2
Budget Measures and Low-Income Households 2
Economics of the Housing Market 1
Financial Reporting and the National Accounts 1
Financial Services Authority Annual Report, 2006-07 1
Financial Stability and Transparency 8
Inherited Estates2
Offshore Financial Centres 1
Private Equity1
Re-appointment of Dr Andrew Sentance to the Monetary Policy Committee 1
Re-appointment of Mervyn King as Governor of the Bank of England 1
Regulation of oil markets 1
The 2008 Budget3
Total38


68   On four occasions the Committee's meeting comprised two separate evidence sessions. Back


 
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Prepared 29 January 2009