TSC accuses IMF of avoiding public scrutiny over Mini Budget inquiry

Harriett Baldwin calls for change in policy

Valeria Martinez
clock • 1 min read

The Treasury Select Committee (TSC) has accused the International Monetary Fund (IMF) of trying to avoid public scrutiny over the institution's criticism of the government’s Mini Budget after rejecting a request to appear in front of MPs.

The House of Commons committee has been pressing the IMF to give an on-the-record testimony after its intervention last year, when the organisation said it was "important that fiscal policy does not work at cross purposes to monetary policy" and asked the then-chancellor Kwasi Kwarteng to reconsider his plans. TSC conservative chair and ex-Treasury minister Harriett Baldwin wrote in The Times today (11 January) that the IMF should change its guidance to allow its most senior officials to testify publicly before parliamentary committees of member nations. Although she understood that t...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Bank of England warns of future rate uncertainty after vote to hold at 3.75%

Bank of England warns of future rate uncertainty after vote to hold at 3.75%

One vote to hike rates

Michael Nelson
clock 30 April 2026 • 2 min read
Navigating an uncertain environment: Applying a disciplined, data-driven approach

Navigating an uncertain environment: Applying a disciplined, data-driven approach

'​Looking ahead, the fundamental case remains constructive'

Fahad Hassan
clock 28 April 2026 • 2 min read
UK inflation rises to 3.3% in March as Iran conflict impacts fuel prices

UK inflation rises to 3.3% in March as Iran conflict impacts fuel prices

Motor fuel rose 4.7%

Michael Nelson
clock 22 April 2026 • 2 min read