Andrew Tyrie

31 results

The UK competition regulator wants the power to compel businesses to stop practices it believes to be illegal without having to go to court to enforce competition law.

Andrew Tyrie put ordinary consumers at the heart of the future of the UK’s competition regulator as he set out his pitch to government for greater pow(...)

European Union and British reforms introduced in the past two years to increase audit market competition ended up with companies switching between the Big Four rather than hiring smaller rivals. Photograph: iStock

Britain needs a new watchdog to shake up the country’s “Big Four” accounting firms and reduce their dominance of the market for auditing companies’ bo(...)

Directors at the collapsed engineering giant Carillion were too busy “stuffing their mouths with gold” to worry about the workers and should face the possibility of disqualification, according to a scathing report by MPs. Photograph: PA

British MPs have demanded the big four accountancy firms be referred to competition authorities for potential break-up following the collapse of gover(...)

Jes Staley, CEO  Barclays bank. Photograph: Reuters

Barclays’ chief executive Jess Staley faces the City this week for the first time since the scandal erupted over his ill-advised attempts to unmask a (...)

British prime minister Theresa May responds during the weekly Prime Minister’s Questions session in the House of Commons on Wednesday. Photograph: AFP/Getty Images

Theresa May has moved to head off a backbench revolt by promising to publish a White Paper on her government’s approach to Brexit before invoking art(...)

 A man passes a Lloyds building in the City of London: bank boss Antonio Horta-Osorio’s trysts with a  mistress on a company trip to Singapore hit the headlines. Photograph:  Justin Tallis/AFP/Getty Images

Take a guess which story captured more attention in the City on Tuesday – the results of the latest investigation into the banking sector or the splas(...)

Britain’s central bank governor Mark Carney:  “If we view something as the biggest risk to financial stability we have an obligation to parliament and to the people of the UK to make that clear,” he told the UK treasury committee. Photograph:  PA Wire

A week is a long time – in banking. Last week Britain’s central bank governor Mark Carney was hailed for stepping into the leadership vacuum left by s(...)

Culture secretary John Whittingdale: he said official figures suggest 257,000 EU migrants came to Britain last year, but over the same period 630,000 national insurance numbers were issued to EU citizens. Photograph: Phil Noble/Reuters

The British government is to publish new figures which could reveal a higher number of EU migrants are working in the UK than suggested by official fi(...)

British chancellor of the exchequer George Osborne.  His disability cuts in the budget proved the final straw for welfare minister Iain Duncan Smith, who resigned on March 18th. Photograph: AFP Photo

David Cameron has promised to “learn the lessons” of his government’s budget fiasco but, like his chancellor George Osborne, refused to apologise for(...)

London’s financial heart, Canary Wharf, in London. Photograph: Andy Rain/EPA

A senior European Union official warned on Tuesday of significant consequences for Britain’s financial services industry and access to the single mark(...)

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