Tyrie re-elected Treasury committee chair

Andrew Tyrie

Andrew Tyrie is to remain as chairman of the Treasury select committee after challengers failed to emerge for the role.

Tyrie led the committee throughout the last parliament, becoming a high profile critic of the FCA and the Bank of England, as well as the wider financial services sector.

In one of the committee’s final acts in the last parliament, Tyrie slammed the FCA, raising questions of “systemic weakness” after an investigation into how the regulator handled the closed-book review.

His candidacy for this parliament was supported by Conservative Treasury committee members Mark Garnier and Steve Baker, as well as Labour’s Rushanara Ali and the SNP’s Stewart Hosie.

Tyrie was also backed by Labour’s acting shadow work and pensions secretary Stephen Timms, former chancellor Kenneth Clarke and Mayor of London Boris Johnson.

Elections for the remainder of the select committee chairs will take place on 17 June.

The work and pensions committee will be contested by poverty campaigners Kate Green and Frank Field and former tax investigator Teresa Pearce.