The Treasury Select and Economic Affairs Committees are looking for consent from Chancellor Philip Hammond to fix the flawed retail price index (RPI), in a move that could reduce payments to investors by £1bn a year.
The two committees have written to the UK Statistics Authority (UKSA) to urge the Chancellor to allow statistical errors in the RPI calculations to be corrected. The Economic Affairs Committee said...
Countdown to 31 October
Restarting quantitative easing
Brexit taking its toll on sterling
Ceremony takes place on Wednesday 20 November
Boris Johnson's arrival at Number 10 has done little to enhance UK investor confidence; he has wasted no time setting a collision course with the EU over his no-deal strategy, and members on the other side of the House of Commons.