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The New Serfdom
Great Britain is one of the wealthiest, most successful nations in the world. Why, then, do so many people feel short-changed? The old assumption that 'if you work hard and play by the rules, you can get on in life' looks increasingly like a cruel joke. Homeownership, secure employment and fair wages seem like relics of a bygone era. Meanwhile exploitative workplace practices have created a new serfdom, leaving many people trapped in unfulfilling, underpaid work. At a time of huge political upheaval and ever-increasing inequality, this powerful new book asks: how can we build a successful economy, powered by a happy and productive workforce that benefits everyone in the twenty-first century?
Private equity
Vol. 1 of the report was published as HCP 567-I, session 2006-07 (ISBN 9780215035714)
The Treaty of Lisbon
Treaty of Lisbon : An impact assessment, 10th report of session 2007-08, Vol. 2: Evidence
Vehicle Excise Duty as Environmental Tax
This year's budget made some significant changes to annual road tax (vehicle excise duty or VED). The main changes included: introduction of six new VED bands from 2009-10, bringing the total number of bans to 13; applying this new regime of 13 bands to exisiting cars on the road first registered on or after 1 March 2001; and introduction of a new rate of VED for new cars in the first year in which they are bought. The Environmental Audit Committee's aims in this report were to examine the projected enivronmental impacts of these changes, to review how fair these changes are, and to make recommendations to the Treasury as to how it should proceed. The Committee felt that there was nothing in...
Sitting Hours and the Parliamentary Calendar
There has been a huge in increase in the constituency workload over the past few years adding to the pressure on Members of Parliament. Each Member has a different way of working which means in considering sitting hours there are no mainstream options which are necessarily right or wrong. The evidence suggests that the current balance of about 150 days over 34 weeks per year is broadly correct and should remain approximately as is. The Committee recommends that the House should be given the opportunity to vote on whether the House should continue to sit in September from 2013 onwards. There is widespread recognition that there is no scope for any diminution in the time available to the House...
Administration and Expenditure of the Chancellor's Departments, 2007-08
The Treasury Sub-Committee calls for much greater transparency from the Treasury in accounting for the liabilities taken on by the nationalisation and part-nationalisation of financial institutions. The report recommends that these disclosures appear in the annual Treasury resource accounts. Furthermore they should be at least as comprehensive as those made by major corporations and go further than meeting the minimum acceptable accounting standards. In particular, the Report notes that the Treasury's 2007-08 Annual Report and Accounts cover the Government's financial relationship with Northern Rock but do not comment on its performance under temporary public ownership. Given the level of in...
The Merger of Customs & Excise and the Inland Revenue
The Government has announced its intention to merge the Inland Revenue and HM Customs and Excise departments into a single department, to be called HM Revenue and Customs, in line with the recommendations of the O'Donnell report ('Financing Britain's future: review of the Revenue departments, Cm 6163; ISBN 0101616325) published in March 2004. The Committee's report examines the case for merger; expected costs and benefits; risks; legislation: confidentiality and powers of the new department; tax policy-making; and ministerial accountability. The Committee supports the decision in principle and looks forward to a detailed analysis of expected costs and benefits being carried out as soon as practicable, and also supports the introduction of new accountability arrangements. However, the fact that the Executive Chairman will report to three Treasury Ministers on various aspects of the new department's work appears unnecessarily cumbersome, and recommends that this should be reviewed in light of practice once the new department has been created.
Cash Machine Charges
About one third of ATMs now make direct charges to consumers, and in 2004 it is estimated that UK consumers paid £140 million in charges made whilst accessing funds through cash machines. The Committee's report examines the principle and increasing trend towards charging, the clarity of presentation of these charges to the consumer, the likely impact on financial exclusion and low-income households, and key areas for action from government, regulators and the industry. Findings include that although there has been an increase in free machines as well as charging machines, their location and the lack of transparency about which machines make charges hinders genuine competition and consumer c...
Administration and expenditure of the Chancellor's departments, 2006-07
This is the first annual scrutiny by the Treasury Committee of the Chancellor of Exchequer's Departments. The Committee sets out a number of conclusions and recommendations, including: that the Treasury should include within its' annual reports a summary of the results of the annual surveys of stakeholder opinion and the Treasury's response to stakeholders; the Committee recommends that the Treasury set itself a target to ensure that the Public Service Agreements finalised as part of the next Spending Review in 2009 or 2010 include a clear statement about the resources to be allocated across Government to the delivery of each Agreement; the Committee criticises the Treasury's failure to meet...
