I am a professional economist with thirty-five years of experience gained in the public sector, the City and consultancy, including stints at HM Treasury, HSBC, Standard Chartered Bank and Capital Economics.
Most recently, I was Chief Economist at the Institute of Economic Affairs, the educational charity and free-market think tank. I left that role in 2018, but continue to support the work of the IEA, especially schools and university outreach, on a ‘pro bono’ basis. In addition, I hold the honorary position of IEA Economics Fellow, am a member of the IEA’s Academic Advisory Council, and sit on the IEA’s Shadow Monetary Policy Committee (SMPC).
Previously, I was a Director, Chief Global Economist and Head of Commodities Research at the leading independent consultancy, Capital Economics, where I worked from 2004 to 2017. I regularly presented to clients across North America, Europe and Asia.
I was also a leading member of the Capital Economics team, headed by Roger Bootle, which won the £250,000 Wolfson Economics Prize in 2012 (for the best plan to break up the euro).
I am frequently in the media, including TV and radio, and write for a variety of websites, newspapers and magazines.
I have also provided expert testimony to many parliamentary select committees (on topics including the economic outlook, fiscal policy, the cost of living, international trade and Brexit), and have advised the OBR.
For those obsessed with such things, I am now fortunate enough to be financially independent. All my educational, policy and social media activities are therefore unpaid, including everything I do for the IEA, Speakers for Schools and the RSA.
I still earn some income from consultancy (mainly by providing economic input to investment committees), and from writing and speaking engagements (including fees for articles published by the Telegraph and Spectator). However, the sums are relatively small.
I am not a member of any political party.
I graduated with a first class honours degree in Economics from Cambridge University (Clare College) in 1987 and have further qualifications in economics (an MPhil) and law (the post-graduate diploma from the College of Law, gained when I was Head of Economics at what was then the Lord Chancellor’s Department).
In 2018, representing Cambridge, I won the annual ‘Clash of the Titans’ forecasting competition for professional economists, beating Dr Andrew Sentance (LSE) and Professor Patrick Minford (Oxford).
Aside from economics, my interests include supporting Arsenal and listening to prog rock. (This might explain a great deal.) I am also a keen runner and cyclist.