Senior MPs condemn banks quango chair over dodging questions Banking Senior MPs have blasted the chair of the Financial Ombudsman Service (FOS), the banks quango which settles complaints made by consumers against banks, for obstructing scrutiny after Abby Thomas was dismissed as chief executive. Zahida Manzoor, Baroness Manzoor, the Tory peer who leads governance of the public body settling complaints between consumers and banks, has [...]
Treasury to scrap valuation quango amid efficiency drive Politics The Valuation Office Agency will be folded into HM Revenue & Customs (HMRC), the tax minister has said, in the latest sign of the government’s efforts to trim away fat from the operations of the state. The arms length body responsible for valuing properties to determine tax rates, which spans £60bn worth of valuation each [...]
Renters’ Rights Bill raises ‘significant questions’ for tenants, industry leaders warn News Industry leaders have expressed concerns about the knock-on effects of the Renters’ Rights Bill, which entered the committee stage on 21 April. The bill, which aims to give renters greater security and stability, will abolish Section 21 ‘no-fault’ evictions, as well as ban landlords accepting offers above the advertised rent and prohibit pre-tenancy rent payments. [...]