HM Treasury


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HM Treasury

The department of the British government responsible for advising on and executing economic and fiscal policy in the United Kingdom. Through Inland Revenue and Customs, it has oversight of tax collection. The Treasury traces its origins to the 12th century.
References in periodicals archive ?
In June 2018, the Treasury Committee asked HM Treasury, the Bank of England and the Financial Conduct Authority to produce analysis of the impact of Brexit in differing scenarios, and in good time before Parliament came to vote on the eventual Brexit deal.
On 30 July, in line with the agreed repayment schedule, HM Treasury received a total payment of 404,642,604.73 from Ireland.
"We are pleased that HM Treasury has taken this decision and, during the transition period, will continue to deliver the high standards of selling and administration of pre-arranged funeral plans that we already provide."
Financial completion is expected within the next few weeks and will enable UKAR to repay all outstanding government loans to HM Treasury. The sale is based on the portfolio position as at September 30, 2018, from which point the purchaser will acquire the risks and rewards of ownership of approximately 66,000 NRAM loans.
has sold a roughly 7.7% stake of HM Treasury's shareholding in UK-based financial services group The Royal Bank of Scotland Group plc (NYSE: RBS), the company said.
"HM Treasury told us that they expect a negative economic shock due to Brexit and that the potential impact on public finances will be seen in the OBR's (Office for Budget Responsibility) forecast in the autumn and in its first fiscal risk statement in 2017."
UK government backed financial services provider Lloyds Banking Group paid a dividend of GBP130m to HM Treasury on 17 May 2016.
NIGEL Smith, former chief executive at the Office of Government Commerce and Second Permanent Secretary in HM Treasury, has joined the board of Birmingham-based business finance solution provider Obillex .
He is also an advisor to HM Treasury on major programmes.
State-owned UK Financial Investments (UKFI) has confirmed the successful completion of the disposal of part of HM Treasury's shareholding in The Royal Bank of Scotland Group plc (RBS).
Representatives of HM Treasury and the Bank of England, acting as agent for HM Treasury on this bond issue, will hold a meeting with fixed income investors in London on October 13, 2014, arranged by the joint lead managers.
The forum was opened by Abdulrahman Ghanem Almutaiwee, Ambassador of the UAE to the UK; Hamad Abdullah Al Mass; executive director of the International Economic Relations Sector in the ADDED on behalf of Ali Majid Al Mansoori, chairman of the ADDED; and Lord Deighton, commercial secretary to HM Treasury.