Chancellor of the Exchequer Jeremy Hunt announced today the appointment of three new members to the Economic Advisory Council (EAC), which provides independent expert advice on economic policy to help grow the UK economy.
The new members, Andy Haldane, Dr Anna Valero, and Sir Jonathan Symonds CBE, join the council in an independent capacity, bringing the total number of advisors to seven.
The EAC meets regularly to discuss the UK economy and advises the Chancellor on how to focus on economic growth.
Hunt said: “I am delighted to announce three new members of the Economic Advisory Council who collectively have decades of economic experience across the private and public sector.
“Economic growth is essential to our long-term prospects and in the face of global headwinds, this council plays a critical role in helping our economy meet these challenges.”
Haldane, the chief executive of the Royal Society for Arts (RSA) since 2021, previously worked at the Bank of England and was appointed Chair of the Levelling up Advisory Council in June 2022.
Valero is a senior policy fellow at the London School of Economics (LSE) Centre for Economic Performance and an associate of the Grantham Research Institute on Climate Change, focusing on productivity, innovation, sustainable growth, and green jobs.
While Symonds, chair of the board at Glaxo Smith Kline (GSK) since September 2019, has extensive international financial, life sciences, and governance experience.
The next EAC meeting is scheduled for later this spring.
