Lords Economic Affairs Committee

Last week the committee concluded its inquiry into the UK’s fiscal framework, hearing evidence from James Murray MP, Chief Secretary to the Treasury. Visit LinkedIn to read a short summary of the session: linkedin.com/feed/update/ur…

The Finance Bill Sub-Committee has published it's report on the Draft Finance Bill 2025-26. Read our report here : committees.parliament.uk/committee/230/…

Read the short summary we’ve posted on LinkedIn about what former @OBR_UK Chair Richard Hughes told the committee last week. He gave evidence on the UK’s fiscal framework, the role of the OBR, and the circumstances of his recent resignation. linkedin.com/posts/economic…

On 13 January 2026, Richard Hughes, former chair of the Office for Budget Responsibility, gave evidence to our inquiry on the UK's fiscal framework. A full recording is now available: parliamentlive.tv/event/index/fe… Here is the opening statement from the session:

Listen to our Chair, Lord Wood of Anfield, talking to BBC Radio 4’s Today programme about our new report, ‘Preparing for an ageing society’ (from 1:15:56): bbc.co.uk/sounds/play/m0…

The UK is ’strikingly unprepared’ for the challenges of an aging society according to a cross-party committee in the House of Lords. Lord Stewart Wood, chair of the Economic Affairs Committee, tells #R4Today why people between 50 and 65 are dropping out of the workforce.

The UK should prioritise helping people in their 50s and 60s to stay in work to ease pressure on public finances and living standards, a House of Lords committee has said. ft.trib.al/tw4O1DL

We are pleased to announce the publication of our report 'Preparing for an ageing society.' Read the full report here: committees.parliament.uk/committee/175/… Here is our Chairman @StewartWood with a summary of the key points:

Watch from 4pm here: parliamentlive.tv/Event/Index/3c…

The session will cover agricultural and business property relief, the inheritance tax treatment on unused pension funds, and the Government’s approach to consultation on tax policy.

Following the Budget, on 8 December the Finance Bill Sub-Committee will hear from the Exchequer Secretary to the Treasury, Dan Tomlinson MP. This will be the sub-committee’s final evidence session of its inquiry into inheritance tax measures in this year’s Finance Bill.

The Finance Bill-Sub Committee is holding its fifth evidence session regarding its current inquiry into the Draft Finance Bill 2025-26. Watch from 4pm by following the below link: parliamentlive.tv/Event/Index/e2…

Please follow our new LinkedIn page for further updates about the committee and current inquiries: linkedin.com/showcase/econo…

We've just launched our inquiry into 'The UK's fiscal framework.' We want to hear from as broad a range of people as possible, so if you have a view on any aspect of our inquiry please let us know: committees.parliament.uk/work/9386/the-…

The Finance Bill-Sub Committee is holding its third evidence session regarding its current inquiry into the Draft Finance Bill 2025-26. Watch from 3:30pm by following the below link: parliamentlive.tv/Event/Index/bd…

The Finance Bill Sub-Committee is holding its second oral evidence session regarding its current inquiry into the Draft Finance Bill 2025-26. Watch from 4 pm by following the below link: parliamentlive.tv/event/index/1e…

At 3pm tomorrow, @hmtreasury will be giving evidence to our inquiry on the impact of ageing on the UK economy. Join us as we hear from James Murray MP, Laura Webster, and Antonia Williams: parliamentlive.tv/event/index/89…

The Finance Bill-Sub Committee has launched its call for evidence into the Draft Finance Bill 2025-26. Find out more here: committees.parliament.uk/committee/230/…

3/3 “… that people who need the support get it, but people who are able to work are given the support to get back into work.”

2/3 “… or on Zoom or whatever, as they would be if they were face-to-face by better trained and supported assessors. We are changing that by giving DWP the resource to recruit more trained assessors and deliver more face-to-face assessments to ensure…”

1/3 Rachel Reeves MP, Chancellor of the Exchequer, said: “Before Covid, 7 in 10 assessments for Personal Independence Payments were done face-to-face. It’s now 1 in 10. I don’t think anyone truly believes that those assessments are going to be as effective on the phone…”