Weston MP John Penrose vying for Government treasury role

PUBLISHED: 13:00 12 July 2017

Conservative Party candidate John Penrose. Picture: Eleanor Young

Conservative Party candidate John Penrose. Picture: Eleanor Young


Weston-super-Mare's MP is hoping to be named the chairman of an important Government treasury committee as voting gets underway today (Wednesday).

John Penrose is one of six Conservative Party candidates hoping to lead the committee, which scrutinises the Government’s economic policies, particularly regarding Brexit and austerity.

The committee is seen as one of the most important in Parliament, and the former chairman, Andrew Tyrie, has stepped down after seven years.

Mr Penrose told Politics Home the committee needed to find answers to fixing the ‘regional imbalances between London and the South East and the rest of the country, so you have a decent chance of living a successful, fulfilling life whether you’re born in Wigan, Weston or Westminster’.

He said other questions, such as reducing the divisions between ‘asset-owning’ older and ‘struggling’ younger people, and improving productivity also needed to be answered.

He added that the committee needed to be ‘an effective and fearless inquisitor of power’ and hold both the Government ministers and businesses to account.

The frontrunners are believed to be former education minister Nicky Morgan and North East Somerset MP Jacob Rees-Mogg.

A former transport minister, Stephen Hammond, backbencher Richard Bacon and former whip Charlie Elphicke are also on the ballot for the role.

Elections for a number of Parliament committees are taking place today from 10am-4pm. The results are expected to be announced by the Speaker John Bercow after the ballots close.

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