The Fiscal Policy Panel (FPP) was established to provide Jersey's Treasury and Resources Minister and States members with independent economic advice on matters relating to tax and spending policy, and the use of the Stabilisation Fund.
The members of the Fiscal Policy Panel are:
- Tera Allas
- Dame Kate Barker
- Professor Francis Breedon
Ms Tera Allas
Ms Tera Allas was appointed to the Fiscal Policy Panel in 2014.
She is a Visiting Fellow at McKinsey Global Institute and an independent
economic adviser to a number of governmental, business and third sector
organisations. From 2011 to July 2013, she was Director General, Strategy,
Analysis and Better Regulation at BIS and Deputy Head of the Government
Economic Service. She was also a member of the Secretary of State’s Panel for
Monitoring the Economy and the Top 200 group in the UK Senior Civil Service.
From 2009 to 2011, she was Chief Economist and Director of Transport Analysis
and Economics at the Department for Transport, and between 2004 and 2009 she
was Chief Energy Economist, Director of Energy Market Economics and Deputy
Chief Scientific Advisor at the Department for Trade and Industry. From 1992 to
2004 she worked in a number of senior roles at McKinsey & Company, Inc.
Dame Kate Barker
Dame Kate Barker was appointed to the Fiscal Policy Panel in 2014. She currently undertakes a number of senior advisory and non-executive roles. She has been part-time Senior Adviser to Credit Suisse since October 2010 and Non-Executive Director of Electra Private Equity plc since November 2010, Yorkshire Building Society since November 2010 and Taylor Wimpey plc since April 2011. She led a Quality Review of the National Accounts Office for National Statistics which reported in July 2014 and is currently chairing a commission on Health and Social Care for the King’s Fund (report due autumn 2014). In addition, she is non-executive member of the UK Office for Budget Responsibility. She was Member, Monetary Policy Committee (MPC), Bank of England (2001-10). She led two major policy reviews reporting to the Chancellor and the Secretary of State for Communities and Local Government: Barker Review of UK Housing Supply (2003-04), Barker Review of Land-Use Planning (2005-6). She was created Dame Commander of the Order of the British Empire (DBE) for services to the economy in the 2014.
Professor Francis Breedon
Professor Francis Breedon is Professor of Economics and Finance at Queen Mary University of London, a role which he has held since 2010. He has wide-ranging experience as a professional economist, including practical and academic experience. As well as working at the Bank of England for 7 years, he has held senior economics positions in the private sector and continues to consult for a number of financial firms. His academic research focusses on international finance, and covers international macroeconomics and fiscal policy, including government funding and sovereign wealth funds.
Fiscal Policy Panel reports
Download March 2016 economic assumptions (size 391kb)
Download Fiscal Policy Panel Annual Report September 2015 (size 1.1mb)
Download Fiscal Policy Panel pre-MTFP report 2015 (size 1.35mb)
Download Fiscal Policy Panel annual report 2014 (size 1mb)
Download Fiscal Policy Panel annual report 2013 (size 1mb)
Download Fiscal Policy Panel annual report 2012 (size 893kb)
Download letter from Fiscal Policy Panel to the Treasury Minister May 2012 (size 120kb)
Download letter from the Treasury Minister to Fiscal Policy Panel April 2012 (size 104kb)
Download Fiscal Policy Panel annual report update October 2011 (size 271kb)
Download Fiscal Policy Panel annual report 2011 (size 712kb)
Download Fiscal Policy Panel annual report 2010 (size 1.42mb)
Download Fiscal Policy Panel interim report September 2010 (size 278kb)
Download Fiscal Policy Panel annual report update November 2009 (size 915kb)
Download Fiscal Policy Panel annual report May 2009 (size 1.4mb)
Download Fiscal Policy Panel letter to the Treasury Minister March 2009 (size 64kb)
Download letter from the Treasury Minister to Fiscal Policy Panel March 2009 (size 516kb)
Download Fiscal Policy Panel update November 2008 (size 828kb)
Download Fiscal Policy Panel annual report 2008 (size 944kb)
Download Fiscal Policy Panel preliminary report April 2008 (size 34kb)