Jeremy Hunt disbands Economic Advisory Council after a year

Autumn Statement 2023

Cristian Angeloni
clock • 1 min read

Chancellor Jeremy Hunt is “standing down” the Economic Advisory Council, just over a year after it was first established.

On page 85 of the Autumn Statement, the Treasury said Hunt will close the EAC, which was set up about a year ago to provide "independent advice on economic and financial market issues" in the aftermath of the Mini Budget. "The government thanks the council for their expertise, and will continue to seek advice from experts on issues under consideration including long-term economic challenges," it said in the Autumn Statement. Draft regulations offer FCA powers to restrict short selling in 'exceptional circumstances' The council comprised seven members, including JP Morgan's Karen Wa...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

Friday Briefing: The UK might be the stable one now
UK

Friday Briefing: The UK might be the stable one now

Friday Briefing

Eve Maddock-Jones
clock 08 July 2024 • 5 min read
FundCalibre's Schooling Latter: Who benefits from the UK's recovery?
UK

FundCalibre's Schooling Latter: Who benefits from the UK's recovery?

Bolstered by M&A

Juliet Schooling Latter
clock 05 July 2024 • 4 min read
Peel Hunt: Reversal of UK economic trends 'vital' as UK equity outflows hits £22bn
UK

Peel Hunt: Reversal of UK economic trends 'vital' as UK equity outflows hits £22bn

M&A providing some light relief

clock 02 July 2024 • 2 min read
Trustpilot