Mel Stride News

Mel Stride has urged the MPs not to name the BBC presenter who has been accused of paying money to a teenager for his sexually explicit pictures. Cautioning against parliamentary privilege, he told SKY TV that the facts have changed recently, and the MPs should use the privilege sparingly. The parliamentary privileges include the right to speak in the house freely without coming under the law related to slander.

Subscribe to enjoy similar stories. The new year has brought a head-splitting hangover for Britain’s government. Gilts—British government bonds—have sold off sharply in the first days of 2025, deepening a rout that has been going on for months.

The former business secretary joins Priti Patel, Mel Stride, Robert Jenrick, Tom Tugendhat and James Cleverly in the race to take over from Rishi Sunak. Conservative party to name next leader in November The former prime minister pledged to step aside after his party suffered the worst loss in its history at the recent 4 July general election. Deadline for nominations closes today (29 July) ahead of parliament's summer recess, and Badenoch is currently the favourite to win the leadership contest. The new leader will be announced on 2 November, after Conservative party members vo...

Priti Patel entered the contest to lead the Conservative Party on Saturday, becoming the fifth contender in a fight to determine the direction of the Tories following their worst ever election defeat. Patel is focusing her bid on uniting the Conservatives after they were kicked out of government after 14 years in power and cycled through five prime ministers in that time.

A search for a new head of the influential Treasury committee will kick off imminently after incumbent Mel Stride was promoted in Prime Minister Rishi Sunak’s reshuffle.

The politicians with the most influence over the City's future are rallying around former chancellor Rishi Sunak as the next prime minister, as ex-premier Boris Johnson officially rules himself out of contention for another run at the top office.

Mel Stride MP is chair of the Treasury Select Committee

A new report by the cross-party Treasury Select Committee is calling on the Government to "push harder and act faster on the growing fraud epidemic".The report urges the Government to legislate against online fraudulent adverts and seriously consider whether online giants should reimburse those who fall victim to scams on their platforms.The Committee also recommends that the Government "urgently" legislates to make reimbursement for victims of ‘authorised push payment fraud’ mandatory - an issue which has already been taken up by rule makers and industry watchdogs.In a series of other recommendations, the report calls for law enforcement to be appropriately resourced to tackle the scale of the problem, for the Government to consider whether a single law enforcement agency with a clear responsibility to fight economic crime would be more effective, and for proper regulation to be introduced to protect consumers from fraud and money laundering in the cryptoasset industry.The Committee also advocates higher company formation fees and Companies House reform in order to prevent fraudsters from hiding their identities behind UK businesses to launder money and conduct crime, and pushes for the Government to set out the legislation it is current working on which could be included in an Economic Crime Bill.Mel Stride, chair of the Treasury Committee, says: "For too long, pernicious scammers have acted with impunity, ripping off innocent consumers with fraudulent online adverts, impersonation scams and dodgy crypto investments."Unfortunately, fraud has soared during the pandemic, and as MPs we’ve heard heart-breaking stories of individuals who have fallen victim to these criminals and lost large sums of money."Some of our

The Financial Conduct Authority is now considering whether disciplinary action needs to be taken against individuals involved in the scandal that led to the collapse of Neil Woodford's flagship Equity Income fund.

The Financial Conduct Authority is now considering whether disciplinary action needs to be taken against individuals involved in the scandal that led to the collapse of Neil Woodford's flagship Equity Income fund.

Tech giants Microsoft, Twitter, Snapchat and TikTok are under pressure from the Treasury Committee over how they plan to combat online fraud.

Facebook and Google avoided questions from UK lawmakers about how much money they make from advertisements for unregulated financial products.