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Independent reviews
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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