News story

Government to establish expert Economic Advisory Council

皇冠体育app Chancellor of the Exchequer Jeremy Hunt has today (Monday 17 October) announced that he will convene an expert panel of respected economists as part of a new Economic Advisory Council, as committed to by Prime Minister Liz Truss.

This was published under the 2022 Truss Conservative government
  • Group of leading and respected experts will meet regularly to discuss UK and international economies and financial markets
  • First Council members announced have decades of economic experience across the private and public sector
  • Announcement comes as Chancellor commits to do 鈥渨hatever is necessary for economic stability鈥�, which is a critical part of the government鈥檚 mission to go for growth

皇冠体育app Chancellor of the Exchequer Jeremy Hunt has today (Monday 17 October) announced that the government will convene an expert panel of respected economists as part of a new Economic Advisory Council, as committed to by Prime Minister Liz Truss.

皇冠体育app Council will act as a consultative forum for the government to be advised on UK and international economies and financial markets. 皇冠体育app Council will consist of leading and respected economists and will be attended by the Chancellor and the Treasury鈥檚 Chief Economic Adviser.

皇冠体育app first Council members are announced today, with further members to be added in due course. All members will be attending in an independent capacity, and have been chosen for their personal knowledge and expertise, as relevant to advising the government on the UK economy

皇冠体育app Chancellor of the Exchequer Jeremy Hunt said:

I look forward to working with such an esteemed group of economic experts, whose advice will be invaluable.

In a period of global economic challenge and volatility, exacerbated by Putin鈥檚 illegal invasion of Ukraine, prioritising UK economic stability is vital and will underpin long-term growth.

Care will be taken to ensure Council members are not privy to any material non- public information, or market sensitive information.

Read the terms of reference for the government鈥檚 new Economic Advisory Council.

Initial list of Council members

  • Rupert Harrison, BlackRock
  • Gertjan Vlieghe, Element Capital
  • Sushil Wadhwani, PGIM Wadhwani
  • Karen Ward, J. P. Morgan Asset Management

Updates to this page

Published 17 October 2022