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Former BoE economist Haldane to head UK govt taskforce on regional inequality By Reuters


© Reuters. FILEPHOTO: Andy Haldane (Chief Economist of Bank of England) listens as the audience attends an event at Bank of England City of London. April 27, 2018, London. REUTERS/Toby Melville/File Photo

LONDON (Reuters) – Former Bank of England Chief Economist Andy Haldane has been appointed head of a British government taskforce aimed at tackling regional inequality, the government said on Sunday.

Boris Johnson, who won the 2019 election with the largest party parliamentary majority since Margaret Thatcher’s time, made it a central promise to tackle economic inequality in Britain.

Haldane is a permanent secretary at the Cabinet Office. This department, which acts as the central government’s policy implementation arm, will serve him. On a six-month contract, he will be working as a secondment for the Royal Society of Arts, Manufactures and Commerce.

“Andy is uniquely qualified to lead our efforts to raise living standards, spread opportunity, improve our public services and restore people’s sense of pride in their communities,” Johnson said in a statement.

It announced that it would rename the Housing, Communities and Local Government minister, led by Michael Gove, to the Department for Levelling Up, Housing and Communities.

The new Levelling up Taskforce will be headed by Haldane, who will also report to Johnson and Gove.

“Levelling Up the UK is one our most significant challenges.” In a statement, Haldane stated that it has been an ongoing passion in my professional life.

I am looking forward to working alongside colleagues in government, both local and national as well the private and volunteer sectors to build and sustain an economic system that benefits all of Britain.

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