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.
Panel biographies
The members of the FPP are:
- Dame Kate Barker (Chair)
- Professor Francis Breedon
- Mr Richard Davies
Dame Kate Barker (Chair)
Dame Kate Barker was appointed to the FPP in 2014, and has been Chair since 2016. She has been a non-executive director of Man Group plc since April 2017. She is chairman of trustees for the British Coal Staff Superannuation Scheme, and also chairs the trustee board of the Universities Superannuation Scheme. She led a quality review of the UK National Accounts for the Office for National Statistics in 2014 and has chaired a commission on Health and Social Care for the King’s Fund. She was a member of the Monetary Policy Committee (MPC) at the Bank of England (2001 to 2010). 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 to 2004), Barker Review of Land-Use Planning (2005 to 2006). She was created Dame Commander of the Order of the British Empire (DBE) for services to the economy in 2014.
Professor Francis Breedon
Professor Francis Breedon was appointed to the FFP in 2016. He 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 seven 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. He is also a Commissioner in the Scottish Fiscal Commission.
Professor Richard Davies
Professor Richard Davies was appointed to the FPP in 2018. He holds the inaugural Chair in the Public Understanding of Economics at Bristol University, is director of the Economics Observatory, and a fellow at the Centre for Economic Performance, part of the London School of Economics (“LSE”). Previously he was Chief of Staff of the LSE’s Growth Commission, Chair of the Council of Economic Advisors at HM Treasury, and worked at the Bank of England and the UK Competition Commission. In addition to research and policy, Richard’s work includes writing for the public: he was previously Economics Editor at The Economist, authoring their guide to economics and, more recently, Extreme Economies, published by Penguin.
Fiscal Policy Panel reports
Fiscal Policy Panel annual report October 2020
August 2020 economic assumptions
March 2020 economic assumptions
Fiscal Policy Panel annual report October 2019
Fiscal Policy Panel Update September 2019
Fiscal Policy Panel Advice for the 2020-23 Government Plan
Fiscal Policy Panel annual report October 2018
August 2018 economic assumptions
March 2018 economic assumptions
Fiscal Policy Panel annual report October 2017
August 2017 economic assumptions
March 2017 economic assumptions
Letter from Fiscal Policy Panel to the Treasury Minister Ref Hospital Funding Strategy December 2016
Letter from the Treasury Minister to Fiscal Policy Panel Ref Hospital Funding Strategy December 2016
Fiscal Policy Panel annual report August 2016
Fiscal Policy Panel update July 2016
March 2016 economic assumptions
Fiscal Policy Panel Annual Report September 2015
Fiscal Policy Panel pre-MTFP report 2015
Fiscal Policy Panel annual report 2014
Fiscal Policy Panel annual report 2013
Fiscal Policy Panel annual report 2012
Letter from Fiscal Policy Panel to the Treasury Minister Ref Use of Stabilisation Fund May 2012
Letter from the Treasury Minister to Fiscal Policy Panel Ref Use of Stabilisation Fund April 2012
Fiscal Policy Panel annual report update October 2011
Fiscal Policy Panel annual report 2011
Fiscal Policy Panel annual report 2010
Fiscal Policy Panel interim report September 2010
Fiscal Policy Panel annual report update November 2009
Fiscal Policy Panel annual report May 2009
Letter from Fiscal Policy Panel to the Treasury Minister Ref Fiscal Stimulus March 2009
Letter from the Treasury Minister to Fiscal Policy Panel Ref Fiscal Stimulus March 2009
Fiscal Policy Panel update November 2008
Fiscal Policy Panel annual report 2008
Fiscal Policy Panel preliminary report April 2008