Economic impact of coronavirus

Treasury Committee Closed Inquiry
Opened: 19 Mar 2020 Closed: 20 Jan 2022 Parliament page
In the first stage of its economic impact of the coronavirus inquiry, the Committee issued a call for evidence on the speed, effectiveness and reach of the Government’s and Bank of England’s immediate financial responses to coronavirus. The Committee highlighted gaps in support to the Treasury. In the second stage, … Read more
20 Recommendations
34 Conclusions
3 Reports
51 Letters
23 Events
Activity timeline 81 events
7 Jun
2021
Formal meeting (oral evidence session) · Virtual meeting
26 Apr
2021
Report published
19 Apr
2021
Formal meeting (oral evidence session) · Virtual meeting
14 Apr
2021
Correspondence
17 Feb
2021
Correspondence
15 Feb
2021
Report published
10 Feb
2021
Correspondence
8 Feb
2021
Correspondence
3 Feb
2021
Correspondence
3 Feb
2021
Correspondence
20 Jan
2021
Formal meeting (oral evidence session) · Virtual meeting
14 Dec
2020
Formal meeting (oral evidence session) · Virtual meeting
Recommendations & Conclusions
54 results
1 Conclusion
Eighth Report: Economic impact of …
In the first half of this year the UK suffered its worst recession in modern...
In the first half of this year the UK suffered its worst recession in modern history. The latest GDP figures suggest a bounce back has begun. But the path of the economy does not only depend on the course of … Read more
Government Response
Thank you for sending a copy of your recent report Economic impact of coronavirus: the challenges of recovery. This letter constitutes HM Treasury’s response on the broad range of issues … Read more
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2 Conclusion
Eighth Report: Economic impact of …
Consumption is returning following the lifting of Government restrictions.
Consumption is returning following the lifting of Government restrictions. However, continued consumer caution around re-engaging with the economy, the prospect of more localised outbreaks and a second wave are dampening a full recovery to pre- pandemic levels of consumer spending. … Read more
Government Response
Thank you for sending a copy of your recent report Economic impact of coronavirus: the challenges of recovery. This letter constitutes HM Treasury’s response on the broad range of issues … Read more
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3 Conclusion
Eighth Report: Economic impact of …
The Chancellor was right to begin stimulating consumption at the time of the Chancellor’s Plan...
The Chancellor was right to begin stimulating consumption at the time of the Chancellor’s Plan for Jobs, especially in the hospitality and tourism sector, to ensure these businesses, often reliant on summer months, did not start cutting jobs. However the … Read more
Government Response
The Treasury is continuing to monitor trends in consumer spending and our economic response will continue to evolve and adapt to ensure the economy gets the support it needs at the right time.
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4 Conclusion
Eighth Report: Economic impact of …
We believe the Chancellor was right to start measures to combat long term unemployment in...
We believe the Chancellor was right to start measures to combat long term unemployment in July. Rising unemployment becoming structural and permanent is a critical risk arising from the crisis.
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5 Recommendation
Eighth Report: Economic impact of …
As the crisis moves beyond full lock-down, it is important to effectively target assistance to...
As the crisis moves beyond full lock-down, it is important to effectively target assistance to those businesses and individuals who need it. The ability of labour to move from sector to sector will not be a painless process and will … Read more
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6 Conclusion
Eighth Report: Economic impact of …
A large proportion of businesses in sectors such as hospitality and leisure that are suffering...
A large proportion of businesses in sectors such as hospitality and leisure that are suffering most from social distancing may still have a viable long-term future at the end of October. It is not clear to us that the Job … Read more
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7 Recommendation
Eighth Report: Economic impact of …
It is vital that workers made redundant have the opportunity to reskill.
It is vital that workers made redundant have the opportunity to reskill. We heard evidence that the poor reputation of schemes in the 1980s actually reduced participants’ employment prospects. Even though the Treasury is unlikely to be responsible for delivering … Read more
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8 Conclusion
Eighth Report: Economic impact of …
The Government also needs to make sure that the requirement for employers interested in offering...
The Government also needs to make sure that the requirement for employers interested in offering fewer than 30 Kickstart roles to apply through a representative organisation does not make the scheme inaccessible to SMEs and charities.
Government Response
On your comments on the Kickstart scheme, I would highlight that gateway organisations, who collect bids on behalf of employers who require fewer than 30 roles, play a vital role … Read more
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9 Recommendation
Eighth Report: Economic impact of …
The crisis has hit different groups of people unequally.
The crisis has hit different groups of people unequally. It is also likely that the differences in hours of paid work carried out between men and women observed during the lockdown may lead to a widening of the gender pay … Read more
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10 Recommendation
Eighth Report: Economic impact of …
The Government has raised Universal Credit and made it easier to access.
The Government has raised Universal Credit and made it easier to access. However these changes are time-limited for a year. The Government should consider extending the measures increasing the generosity and accessibility of Universal Credit put in place in March … Read more
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11 Conclusion
Eighth Report: Economic impact of …
It remains unclear how the Government expects businesses to pay back loans in the future.
It remains unclear how the Government expects businesses to pay back loans in the future. The crisis and the lockdown of the economy meant that businesses have largely forgone revenue which many are unlikely to make up in the future … Read more
Government Response
Even prior to the extension, over 1 million businesses had been supported by the Bounce Back Loan Scheme, many of which have not previously taken out finance. The government has … Read more
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12 Recommendation
Eighth Report: Economic impact of …
We are concerned that there may be a significant lack of capacity and willingness for...
We are concerned that there may be a significant lack of capacity and willingness for the private sector to step in to provide solutions for corporate indebtedness especially amongst small and medium-sized enterprises (SMEs). Viable SMEs struggling with debt will … Read more
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13 Conclusion
Eighth Report: Economic impact of …
The Treasury should evaluate whether there needs to be a new state body or a...
The Treasury should evaluate whether there needs to be a new state body or a remodelling of the British Business Bank, to provide loans at speed in a crisis if required, and to also play a part in recapitalising businesses … Read more
Government Response
The British Business Bank (BBB) has also been a key element of the government’s response to the COVID-19 crisis. It has responded swiftly to the economic shock caused by the … Read more
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14 Conclusion
Eighth Report: Economic impact of …
One legacy of the crisis will be a sharp rise in the level of public...
One legacy of the crisis will be a sharp rise in the level of public debt and, possibly, an ongoing rise in borrowing. This has been and will be necessary to contain the economic damage from Coronavirus and does not … Read more
Government Response
On your recommendation about setting out a roadmap towards fiscal sustainability, given the unprecedented circumstances, it is right that the government’s economic response has focused on limiting the extent to … Read more
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15 Conclusion
Eighth Report: Economic impact of …
The Chancellor should, at the next fiscal event, set out an initial roadmap of how...
The Chancellor should, at the next fiscal event, set out an initial roadmap of how he intends to place Government finances on a sustainable footing. The milestones on that roadmap will need to be flexible—tax increases imposed too early are … Read more
Government Response
On your recommendation about setting out a roadmap towards fiscal sustainability, given the unprecedented circumstances, it is right that the government’s economic response has focused on limiting the extent to … Read more
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16 Recommendation
Eighth Report: Economic impact of …
In order to prevent “levelling up” becoming an empty slogan, the Government should produce a...
In order to prevent “levelling up” becoming an empty slogan, the Government should produce a strategy underpinning it that defines clear objectives and includes the indicators it will use to gauge success at the next fiscal event. The Government needs … Read more
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17 Conclusion
Eighth Report: Economic impact of …
We welcome initiatives by the ONS to improve the quality of its regional data, for...
We welcome initiatives by the ONS to improve the quality of its regional data, for instance by producing quarterly regional GDP figures. The Treasury publishing regional data in its March Budget is also a good first step towards increasing the … Read more
Government Response
On your recommendation regarding the OBR’s role in monitoring levelling-up, the OBR have a clearly defined mandate, outlined in the Budget Responsibility and National Audit Act 2011. As part of … Read more
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18 Recommendation
Eighth Report: Economic impact of …
The Treasury and the OBR should consider raising the profile of regional data in their...
The Treasury and the OBR should consider raising the profile of regional data in their publications. We also recommend that the Bank of England develop their datasets from their Regional Agents network and Decision Maker panel and endeavour to highlight … Read more
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19 Recommendation
Eighth Report: Economic impact of …
We call on the Government to throw its diplomatic weight behind the global community in...
We call on the Government to throw its diplomatic weight behind the global community in investing in public health systems in developing countries; ensuring that testing, treatment and a vaccine when developed is made as widely available Economic impact of … Read more
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20 Conclusion
Eighth Report: Economic impact of …
Local authorities are critical in responding to local outbreaks effectively.
Local authorities are critical in responding to local outbreaks effectively. In the forthcoming Spending Review or budget process, local government spending must not be treated as a residual and must be costed based on the submissions put forward by local … Read more
Government Response
Thank you for sending a copy of your recent report Economic impact of coronavirus: the challenges of recovery. This letter constitutes HM Treasury’s response on the broad range of issues … Read more
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21 Recommendation
Eighth Report: Economic impact of …
The Government should as soon as possible set out in a public document the type...
The Government should as soon as possible set out in a public document the type of support available to local authorities in the event of a localised lock-down and how it will work with local authorities to support local businesses.
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22 Conclusion
Eighth Report: Economic impact of …
It is too simplistic to say that a compulsory lockdown is a trade-off between the...
It is too simplistic to say that a compulsory lockdown is a trade-off between the people’s health and the economy. The very presence of the virus, and how people respond to it regardless of what the Government mandates, has an … Read more
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23 Conclusion
Eighth Report: Economic impact of …
When it imposes and removes social restrictions, the Government needs to be as clear as...
When it imposes and removes social restrictions, the Government needs to be as clear as possible that a) there are harms in restrictions and there is a trade-off between these harms and the harms of the virus spreading; and b) … Read more
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24 Conclusion
Eighth Report: Economic impact of …
It is notable that the synchronisation of the OBR’s analysis and the Government’s announcements appears...
It is notable that the synchronisation of the OBR’s analysis and the Government’s announcements appears to have been challenged in the crisis. The OBR scenario analysis undertaken in the Fiscal Sustainability Report did not include the Government’s measures in its … Read more
Government Response
On your recommendation regarding the OBR’s role in monitoring levelling-up, the OBR have a clearly defined mandate, outlined in the Budget Responsibility and National Audit Act 2011. As part of … Read more
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25 Conclusion
Eighth Report: Economic impact of …
We suggest that by the next fiscal event the Treasury clarifies its relationship with the...
We suggest that by the next fiscal event the Treasury clarifies its relationship with the OBR, in particular what the process is for declaring a Treasury announcement to be a fiscal event requiring an OBR economic and fiscal forecast.
Government Response
Finally, on your recommendation on the Treasury’s relationship with the OBR and its role in macro-forecasting, the OBR produces independent forecasts for the Government. The Treasury does not produce forecasts … Read more
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26 Conclusion
Eighth Report: Economic impact of …
The Treasury’s macroeconomic forecasting ability appears to have eroded since the formation of the OBR.
The Treasury’s macroeconomic forecasting ability appears to have eroded since the formation of the OBR. The Treasury needs to maintain sufficient forecasting capacity outside the OBR so that it can ensure that it can adapt policy responses rapidly to an … Read more
Government Response
Finally, on your recommendation on the Treasury’s relationship with the OBR and its role in macro-forecasting, the OBR produces independent forecasts for the Government. The Treasury does not produce forecasts … Read more
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27 Conclusion
Eighth Report: Economic impact of …
We are concerned about the implications of the pandemic for insurance, given that businesses will...
We are concerned about the implications of the pandemic for insurance, given that businesses will need the confidence that insurance cover provides if they are to resume normal activities. (Paragraph 184) 58 Economic impact of coronavirus: the challenges of recovery Read more
Government Response
On your suggestion regarding pandemic insurance cover, HM Treasury is working closely with insurers, trade bodies and the regulators to understand what more the sector can do to help businesses … Read more
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28 Conclusion
Eighth Report: Economic impact of …
The Treasury should consider whether Government intervention is required to support the insurance industry in...
The Treasury should consider whether Government intervention is required to support the insurance industry in finding a solution for pandemic insurance cover; and whether such support would be an effective use of public money. We also recommend that the Treasury … Read more
Government Response
On your suggestion regarding pandemic insurance cover, HM Treasury is working closely with insurers, trade bodies and the regulators to understand what more the sector can do to help businesses … Read more
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29 Recommendation
Eighth Report: Economic impact of …
The Government must be willing to be flexible, even on manifesto commitments, in response to...
The Government must be willing to be flexible, even on manifesto commitments, in response to the crisis. Lifting the Triple Lock on pensions next year is a sensible proposal and should be carefully considered.
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30 Conclusion
Eighth Report: Economic impact of …
One of the clear strengths of the Treasury’s response in the initial stages of the...
One of the clear strengths of the Treasury’s response in the initial stages of the crisis has been its willingness to listen and adjust its policies in response to feedback. However, we are disappointed in its refusal to implement recommendations … Read more
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1 Conclusion
Eleventh Report - Economic impact …
Though the structure of the UK economy makes it potentially more vulnerable to the present...
Though the structure of the UK economy makes it potentially more vulnerable to the present shock, the Committee notes that comparisons with other countries’ GDP may also be affected by differing measurement methodologies. We therefore caution against over-reliance on the … Read more
Government Response
In your report, you recommend that the Treasury and the Office for Budget Responsibility provide a commentary at the time of the Budget on the use of GDP as a … Read more
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2 Recommendation
Eleventh Report - Economic impact …
We recommend that the Treasury and the Office for Budget Responsibility provide a commentary at...
We recommend that the Treasury and the Office for Budget Responsibility provide a commentary at the time of the Budget on GDP measurement issues and the implications that these measurement issues have for comparisons between the UK and other countries. … Read more
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3 Conclusion
Eleventh Report - Economic impact …
Given the economic outlook, we believe that the Government was right to extend both the...
Given the economic outlook, we believe that the Government was right to extend both the Coronavirus Job Retention Scheme and the Self-employment Income Support Scheme to the end of April 2021. However, given the extended duration of restrictions, we believe … Read more
Government Response
On your recommendation regarding the Coronavirus Job Retention Scheme (CJRS) and the Self-employment Income Support Scheme (SEISS), you noted that the Government had made the right decision to extend this … Read more
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4 Recommendation
Eleventh Report - Economic impact …
The 2019–20 self-assessment income tax returns will provide the Government with additional information that could...
The 2019–20 self-assessment income tax returns will provide the Government with additional information that could allow it to provide support to those who need it but have so far not received it. We therefore strongly urge the Treasury to use … Read more
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5 Conclusion
Eleventh Report - Economic impact …
By conspicuously leaving out a large proportion of limited company directors from support altogether, we...
By conspicuously leaving out a large proportion of limited company directors from support altogether, we are concerned that the Government is sending out the wrong message—that it is not adequately supporting entrepreneurs and employers, who have suffered significantly from a … Read more
Government Response
With regards to your recommendations on support for limited company directors, the principles underlying the Government’s approach to CJRS and the SEISS are to target support to those who need … Read more
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6 Conclusion
Eleventh Report - Economic impact …
When responding to this report, the Treasury should provide an assessment of the level of...
When responding to this report, the Treasury should provide an assessment of the level of fraud which it believes would arise from the implementation of the DISS scheme.
Government Response
You have also asked the Government to provide an assessment of the level of fraud which it believes would arise from the implementation of the DISS. The Government often considers … Read more
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7 Recommendation
Eleventh Report - Economic impact …
We question whether the Treasury could do more to investigate how to mitigate the fraud...
We question whether the Treasury could do more to investigate how to mitigate the fraud risks inherent in the DISS scheme and similar schemes, and whether the levels of fraud risk merit the Treasury’s position of not providing any support … Read more
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8 Conclusion
Eleventh Report - Economic impact …
Although we acknowledge the Chancellor’s intention to target the SEISS at those who are most...
Although we acknowledge the Chancellor’s intention to target the SEISS at those who are most dependent on self-employed income, not all of them would have access to the Coronavirus Job Retention Scheme, as we pointed out in our first report … Read more
Government Response
Your report makes several recommendations regarding eligibility criteria for SEISS. You have recommended that the Government should reconsider the criteria that requires applicants to have trading profits that are at … Read more
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9 Recommendation
Eleventh Report - Economic impact …
We believe that the Government should reconsider the 50 per cent limit in the eligibility...
We believe that the Government should reconsider the 50 per cent limit in the eligibility criteria for the fourth tranche of the SEISS grant so that those who derive less than half of their income through self-employment can receive some … Read more
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10 Conclusion
Eleventh Report - Economic impact …
There is a striking inconsistency between the way the Government is treating employees earning more...
There is a striking inconsistency between the way the Government is treating employees earning more than £50,000 a year and those who are self-employed and have trading profits above £50,000 a year. Whereas those who are employed can receive support … Read more
Government Response
Your report makes several recommendations regarding eligibility criteria for SEISS. You have recommended the removal of the £50,000 threshold criteria and introduce a taper up to the total monthly support … Read more
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11 Recommendation
Eleventh Report - Economic impact …
We reiterate our recommendation from our first report in this inquiry that the Government must...
We reiterate our recommendation from our first report in this inquiry that the Government must tackle the cliff edge that exists in the design of the SEISS by removing the £50,000 cap and allowing those with profits just over this … Read more
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12 Conclusion
Eleventh Report - Economic impact …
The Treasury should in its response to this report provide: • the number of people...
The Treasury should in its response to this report provide: • the number of people with self-employed income as their main source of income in the 2019–20 financial year; • the proportion of the self-employed who had more than £50,000 … Read more
Government Response
Your report makes several recommendations regarding eligibility criteria for SEISS. The report requests that the Treasury provides several statistics in relation to these recommendations. Regarding those requests: • HMRC periodically … Read more
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13 Conclusion
Eleventh Report - Economic impact …
The first version of the SEISS scheme had to be rolled out at speed in...
The first version of the SEISS scheme had to be rolled out at speed in March
Government Response
On your recommendation regarding the Coronavirus Job Retention Scheme (CJRS) and the Self-employment Income Support Scheme (SEISS), you noted that the Government had made the right decision to extend this … Read more
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14 Recommendation
Eleventh Report - Economic impact …
We recognise that it may not have been possible for the Government to help all...
We recognise that it may not have been possible for the Government to help all those who have fallen through the cracks of the support schemes. However, we are disappointed that the Government has so far shown no inclination to … Read more
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15 Conclusion
Eleventh Report - Economic impact …
We are disappointed at the lack of analysis provided by the Treasury, despite such analysis...
We are disappointed at the lack of analysis provided by the Treasury, despite such analysis being referenced in the SAGE minutes. Without it, the impression is that the Government is making important decisions without proper regard to all their impacts, … Read more
Government Response
Your report makes a number of recommendations regarding the Government’s economic analysis relating to the impact of COVID-19. Since the onset of the pandemic, the Government has taken decisions based … Read more
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16 Recommendation
Eleventh Report - Economic impact …
We call on the Treasury to be more transparent about the economic analysis which it...
We call on the Treasury to be more transparent about the economic analysis which it undertakes to inform Government decisions in the fight against coronavirus and to publish any such analysis in a timely manner. The House should not be … Read more
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17 Conclusion
Eleventh Report - Economic impact …
We agree with the Treasury that epi-macro modelling relies on assumptions which may not be...
We agree with the Treasury that epi-macro modelling relies on assumptions which may not be supported by extensive data sets. Nevertheless, we believe it would be a useful exercise for the Treasury to undertake epi-macro modelling to better understand the … Read more
Government Response
Your report makes a number of recommendations regarding the Government’s economic analysis relating to the impact of COVID-19. Since the onset of the pandemic, the Government has taken decisions based … Read more
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18 Conclusion
Eleventh Report - Economic impact …
The Treasury’s analysis has been criticised for not providing modelling of the alternative to lockdowns.
The Treasury’s analysis has been criticised for not providing modelling of the alternative to lockdowns. There is evidence to suggest that in the absence of lockdown, people would have socially distanced to a large extent through fear of viral transmission … Read more
Government Response
Your report makes a number of recommendations regarding the Government’s economic analysis relating to the impact of COVID-19. Since the onset of the pandemic, the Government has taken decisions based … Read more
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19 Conclusion
Eleventh Report - Economic impact …
We strongly urge the Treasury to provide rigorous analysis of future policy choices which quantifies...
We strongly urge the Treasury to provide rigorous analysis of future policy choices which quantifies the harms and benefits of each of the plausible range of alternative policies. It has always been considered a good practice to publish an impact … Read more
Government Response
Your report makes a number of recommendations regarding the Government’s economic analysis relating to the impact of COVID-19. Since the onset of the pandemic, the Government has taken decisions based … Read more
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20 Conclusion
Eleventh Report - Economic impact …
While death rates from coronavirus are high, the rationale for Government decisions on social restrictions...
While death rates from coronavirus are high, the rationale for Government decisions on social restrictions is well understood by the public. As the vaccines roll-out proceeds and death rates fall, Government decisions on whether or not to lift restrictions will … Read more
Government Response
Your report makes a number of recommendations regarding the Government’s economic analysis relating to the impact of COVID-19. Since the onset of the pandemic, the Government has taken decisions based … Read more
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21 Conclusion
Eleventh Report - Economic impact …
After almost a year of restrictions on social and economic activity, the general public and...
After almost a year of restrictions on social and economic activity, the general public and the business sector need confidence that the Government has as clear and as certain a route out of the crisis as possible.
Government Response
Since the publication of your report, the Government has published its roadmap for the cautious reopening of the economy. It has also announced the Budget, which sets out the next … Read more
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22 Recommendation
Eleventh Report - Economic impact …
We recommend that in order to provide some certainty to businesses, as well as to...
We recommend that in order to provide some certainty to businesses, as well as to the general public, the forthcoming Government plan for taking the country out of lockdown should set out criteria of how and when it will lift … Read more
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23 Recommendation
Eleventh Report - Economic impact …
It is vital that economists work together with epidemiologists and health experts to make decisions...
It is vital that economists work together with epidemiologists and health experts to make decisions on social restrictions, and that the output of their work should be made public. We propose that the Government use a more multi-disciplinary approach to … Read more
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24 Recommendation
Eleventh Report - Economic impact …
We strongly believe that the Treasury needs to retain greater modelling capacity outside the OBR,...
We strongly believe that the Treasury needs to retain greater modelling capacity outside the OBR, so that it can model the implications of different policies. It should also ensure that it has sufficient capacity to modify or use new types … Read more
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Correspondence 51 letters
14 Apr 2021 Correspondence from the Chief Secretary to HM Treasury, relating to procurement during the pandemic
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17 Feb 2021 To committee Letter from the Association of Chartered Certified Accountants (ACCA), relating to gaps in support, dated 3 February 2021
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10 Feb 2021 From committee Letter to Chair from Jonathan Athow, Office for National Statistics, regarding the comparability of GDP figures between countries, dated 1 February 2021
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8 Feb 2021 From committee Letter to Chair from Caroline Miskin, Technical Manager (Practitioner Support), ICAEW Tax Faculty, following up from oral evidence, dated 22 January 2021
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3 Feb 2021 To committee Letter from Chair to Tom Scholar regarding economic analysis and gaps in support, dated 11 January 2021
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3 Feb 2021 To committee Response from Tom Scholar to Chair regarding economic analysis and gaps in support, dated 26 January 2021
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21 Oct 2020 To committee Letter from the Chancellor relating to the expansion of the Job Support Scheme, dated 9 October 2020
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16 Sep 2020 To committee Letter from the Chancellor of the Exchequer relating to follow-up from the evidence session on 15 July, dated 13 August 2020
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4 Sep 2020 To committee Letter from the Chancellor of the Exchequer re Committee session on 15 July 2020
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1 Sep 2020 To committee Letter from the Office for National Statistics regarding the economic impact of coronavirus, 28 April 2020
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23 Jul 2020 Correspondence from Steve Baker MP to the Chancellor following the Committee’s evidence session, dated 21 July 2020
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21 Jul 2020 To committee Letter from the Chancellor of the Exchequer re local lockdown in Leicester, dated 15 July 2020
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15 Jul 2020 Correspondence from Chancellor relating to responses to correspondence from MPs, dated 6 July 2020
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15 Jul 2020 Correspondence from Chancellor relating to changes to Stamp Duty Land Tax, dated 7 July 2020
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9 Jul 2020 To committee Letter from the Prime Minister to Chair relating to COVID-19, dated 16 June 2020
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9 Jul 2020 To committee Letter from Governor of the Bank of England relating to the Treasury Committee oral evidence session on 20 May, dated 29 June 2020
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8 Jul 2020 Chancellor Response regarding COVID19 tests by employers
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7 Jul 2020 To committee Letter from Jon Moulton to Chair relating to Future Fund, dated 22 June 2020
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7 Jul 2020 To committee Letter from Chair of TSC to Chancellor re COVID-19 tests by employers- taxable benefit in kind
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1 Jul 2020 To committee Letter from Chair to Chancellor regarding local lockdowns, dated 1 July 2020
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30 Jun 2020 To committee Letter from Chair of TSC to Governor relating to TSC oral evidence session on 20 May 2020, dated 10 June 2020
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15 Jun 2020 To committee Letter from the Chancellor of the Exchequer relating to Covid Lending Data, dated 5 June
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10 Jun 2020 To committee Letter from HM Treasury following the Treasury Committee evidence session on 29 April, dated 22 May 2020
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9 Jun 2020 Correspondence from Jim Harra to the Chair re the number of people who had self-employed income
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20 May 2020 FCA response to Covid-19 Inquiry phase 1 follow-up questions, dated 12 May 2020
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20 May 2020 To committee Letter from Chief Executive of Barclays UK relating to Bounce Back Loan Scheme (BBLS) website, dated 12 May 2020
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20 May 2020 Additional information received from HMRC, 14 May 2020, following the committee hearing with Jim Harra (HMRC Permanent Secretary and CEO) on 8 April 2020 about coronavirus support schemes and the impacts on HMRC
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5 May 2020 From committee Letter to Chair from Responsible Finance regarding bank lending data
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5 May 2020 Financial Secretary to the Treasury, HM, Treasury, to the Chair, relating to the Independent Loan Charge Review
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5 May 2020 Jim Harra, Chief Executive and First Permanent Secretary, HMRC, to the Chair, relating to Independent Review of analytical and quality assurance processes underpinning HMRC’s Official Statistics
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5 May 2020 From committee Letter to Chair from Bank of Ireland UK regarding bank lending data
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5 May 2020 From committee Letter to Chair from RBS regarding bank lending data
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5 May 2020 Email to Committee from Newable Limited regarding bank lending data
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5 May 2020 From committee Letter to Chair from Santander regarding bank lending data
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5 May 2020 From committee Letter to Chair from Secure Trust Bank regarding bank lending data
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5 May 2020 To committee Letter from the Chancellor regarding COVID-19 lending data
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5 May 2020 To committee Letter from the British Business Bank regarding bank lending data
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5 May 2020 From committee Letter to Chair from HSBC regarding bank lending data
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5 May 2020 Email to Committee from the Coventry and Warwickshire Reinvestment Trust regarding bank lending data
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5 May 2020 From committee Letter to Chair from Cynergy Bank regarding bank lending data
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5 May 2020 From committee Letter to Chair from Starling Bank regarding bank lending data
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5 May 2020 From committee Letter to Chair from Funding Circle regarding bank lending data
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5 May 2020 From committee Letter to Chair from Virgin Money regarding bank lending data
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5 May 2020 To committee Letter from Stephen Jones, CEO, UK Finance to the Chair, relating to data on lending through the various government loan guarantee schemes, dated 23 April
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5 May 2020 To committee Letter from Chair to Stephen Jones, CEO, UK Finance, relating to data on lending through the various government loan guarantee schemes, dated 30 April
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4 May 2020 From committee Letter to Chair from Metro Bank regarding bank lending data
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30 Apr 2020 To committee Letter from the Chancellor of the Exchequer, relating to the creation of the Coronavirus Large Business Interruption Loan Scheme, dated 3 April 2020
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30 Apr 2020 Chair to the Chancellor of the Exchequer, relating to issues raised in written evidence to the Committee, dated 8 April 2020
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30 Apr 2020 Further summary of evidence to the Economic impact of Coronavirus inquiry
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30 Apr 2020 To committee Letter from Chancellor of the Exchequer, relating to COVID-19 interventions, dated 6 April 2020
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30 Apr 2020 To committee Letter from the Financial Secretary relating to the delay of the reform to the off-payroll working rules, dated 18 March 2020
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