HM Treasury

Independent reviews

Independent reviews

This section includes information and links on the independent reviews commissioned by the Government since the last election, including those into Public Service Pensions and Fair Pay in the Public Sector.

General Anti-Avoidance Rule

Commissioned: December 2010
Final report: November 2011

The Government commissioned Graham Aaronson QC to lead a study that would consider whether a General Anti-Avoidance Rule could deter and counter tax avoidance, whilst providing certainty, retaining a tax regime that is attractive to businesses, and minimising costs for businesses and HMRC.

Hargreaves Review of Intellectual Property (external website, opens in a new window)

Commissioned: November 2010
Final report: May 2011

The Chancellor and Secretary of State (Business,Innovation and Skills commissioned Professor Ian Hargreaves to carry out a review to develop proposals on how the UK's intellectual property framework can further promote entrepreneurialism, economic growth and social and commercial innovation.

Independent Commission on Banking

Commissioned: June 2010
Final Report: September 2011

The Chancellor invited Sir John Vickers to chair the Independent Commission on Banking. The Commission will look at the structure of UK banking and the state of competition in the industry.

Recommendations will be made around larger structural reform, such as the separation of retail and investment banking activities, as well as smaller, non-structural measures that promote stability and competition for the benefit of consumers and businesses.

Hutton Review of Fair Pay in the Public Sector

Commissioned: June 2010
Final report: March 2011

The Prime Minister and Chancellor commissioned Will Hutton to investigate public sector pay scales, and make recommendations on how to ensure that no public sector manager can earn more than twenty times the lowest paid person in the organisation.

Independent Public Service Pension Commission

Commissioned: March 2010
Final report: June 2011

The Chancellor invited John Hutton to chair the independent Public Service Pensions Commission. The Commission undertook a fundamental structural review of public service pension provision.

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