PAST EVENT
Annual Conference: 14 October 2019 12.00pm - 5.30pm

The UK and Global Outlook - Weak Growth, Policy Challenges

Venue: Bloomberg LP, 3 Queen Victoria Street, London, EC4N 4TQ

*This event is now closed for booking*

To discuss the UK and global outlook and potential policy responses to the challenges that we face, we have an exceptional line-up of speakers at this year’s SPE Annual Conference, which is generously sponsored and hosted by Bloomberg.

Sir Jon Cunliffe, Deputy Governor for Financial Stability, Bank of England, will discuss the outlook for UK monetary policy.

Sir Ivan Rogers, former British Permanent Representative to the EU, will discuss the latest Brexit developments and the prospects for the future.

Panel discussion on The Future of Monetary Policy comprising of Dame Kate Barker, former Bank of England MPC member; Sir Charles Bean, former Deputy Governor for Monetary Policy, Bank of England; Claudio Borio, Head of Monetary and Economic Department, BIS and Graham Turner, Founder, GFC and Adviser to the Labour Party.

Panel discussion on the The Global Economic Outlook, comprising of Professor Randall S Kroszner, Chicago Booth; Yael Selfin, Chief Economist, KPMG; Rain Newton-Smith, Chief Economist, CBI; and Tom Orlik, Chief Economist, Bloomberg.

Professor Rachel Griffith, President of the Royal Economic Society, will discuss the challenge of communicating what economists really do in a world where expert policy advice is struggling to be heard.

Chaired by Stephanie Flanders, Head of Bloomberg Economics, this event brings together members and key economists from public and private financial institutions and academe in the UK and abroad, for lively and highly engaging discussions on some of the critical issues facing the UK and global economies today.

The conference will be held on Monday 14 October 2019, 12.00-17.00, followed by networking drinks, at Bloomberg, 3 Queen Victoria Street, London, EC4N 4TQ.  Apart from informative discussions from expert speakers, the Conference also provides a great opportunity for members and non-members alike to network over lunch and drinks with other industry professionals.

Programme

12.00    Registration and light lunch

13.00    Opening Address
              Kevin Daly, Chairman, Society of Professional Economists

13.05    Chair’s Introduction
              Stephanie Flanders, Head of Bloomberg Economics

SESSION 1

13.10    UK Monetary Policy: Issues and Outlook
              Sir Jon Cunliffe, Deputy Gov for Financial Stability, Bank of England

13.40   Q&A session

13.50    Brexit: Lessons So Far, Prospects for the Future
              Sir Ivan Rogers, former British Permanent Rep to the EU           

14.20   Q&A session

14.30   Tea

SESSION 2

14.50    Panel: The Global Economy Outlook
              Chair: Stephanie Flanders, Head of Economics, Bloomberg
              Dr Randall S Kroszner, Deputy Dean for Exec Programs,
              Chicago Booth
              Yael Selfin, Chief Economist, KPMG
              Rain Newton-Smith, Chief Economist, CBI
              Tom Orlik, Chief Economist, Bloomberg

15.30    Panel: The Future of Monetary Policy
              Chair: Stephanie Flanders, Head of Economics, Bloomberg
              Dame Kate Barker, former Bank of England MPC member
              Sir Charles Bean, Professor, London School of Economics
              Claudio Borio, Head of Monetary & Economic Dept, BIS
              Graham Turner, Founder, GFC and Adviser to the Labour Party     

16.15    Communicating What Economists Really Do
              Rachel Griffith, President of the Royal Economic Society

16.40    Q&A session

16.50    Chair’s closing remarks and close of conference

17.00    Post-Conference Drinks

Meet our speakers

Stephanie Flanders has been Senior Executive Editor for Economics at Bloomberg News and head of Bloomberg Economics since October 2017. She was previously Chief Market Strategist for Europe at J P Morgan Asset Management in London (2013-17) and BBC Economics Editor (2008-13).  She served in the second Clinton Administration as speech writer and senior advisor to US Treasury Secretary Lawrence H. Summers (1997-2001). She has also been a reporter at the New York Times, editorial-writer and economics columnist at the FT and an economist at the Institute for Fiscal Studies and London Business School.  In 2016 she was appointed Chair of the Inclusive Growth Commission for the Royal Society of Arts, which delivered its final report in March 2017.

Sir Jon Cunliffe became Deputy Governor for Financial Stability on 1 November 2013. Jon is a member of the Bank’s Financial Policy and Monetary Policy Committees, the Bank’s Court of Directors and the Prudential Regulatory Committee.  He has specific responsibility within the Bank for financial stability, for the supervision and oversight of Financial Market Infrastructures, Resolution and International. He is a member of the G20 Financial Stability Board Steering Committee, the Bank for International Settlements’ Board of Directors and the European Systemic Risk Board.

Sir Ivan Rogers KCMG is a former senior British civil servant, who was the Permanent Representative of the United Kingdom to the European Union from 2013-17.Ivan Rogers served in the Treasury, including as Private Secretary, to Kenneth Clarke, Chancellor of the Exchequer. He then was seconded to the European Commission as Chief of Staff to Sir Leon Brittan, returning to be Director, European Strategy and Policy and later Director of Budget and Public Finances under Gordon Brown. In 2003, Rogers was chosen as the Principal Private Secretary to the Prime Minister, Tony Blair. After three years in this role, Ivan Rogers left the civil service in 2006 to become Head of the UK Public Sector Group at Citigroup. In 2010 Rogers transferred to be Head of the Public Sector Industry Group, UK and Ireland, at Barclays Capital. In 2011, Rogers returned to the civil service as the Prime Minister’s Adviser for Europe and Global Issues and the Head of the European and Global Issues Secretariat, then becoming the senior British diplomat at the EU in 2013. Following the Brexit referendum in June 2016, Ivan Rogers became a key civil servant in the negotiations to leave.

Randall S Kroszner is the Norman R Bobins Professor of Economics, and Deputy Dean for Executive Programs at Chicago Booth. Professor Kroszner served as a Governor of the Federal Reserve System from 2006 until 2009.  He chaired the committee on Supervision and Regulation of Banking Institutions and the committee on Consumer and Community Affairs. He represented the Fed at the Basel Committee on Banking Supervision and the Financial Stability Board and chaired the OECD working party on international macroeconomic policy.

Yael Selfin is Chief Economist at KPMG in the UK and a Fellow at the National Institute of Economic and Social Research. She has over 20 years’ experience in advising private sector clients across a wide range of industries and geographies on the economic outlook and their strategy, as well as public sector bodies on issues such as productivity and regional strategy.

Rain Newton-Smith is the CBI’s Chief Economist. She leads the team which provides economic analysis and their prestigious surveys. Rain was most recently head of Emerging Markets at Oxford Economics where she managed a large team of economists and was the lead expert on China.

Tom Orlik is Bloomberg’s Chief Economist, based in Washington DC. Orlik leads a team providing in-depth analysis of global macroeconomic data and policies, and how they will impact financial markets. The focus of his research is on China and the world economy. Previously, Orlik was the chief Asia economist for Bloomberg and China economics correspondent for The Wall Street Journal.

Dame Kate Barker is presently an NED of Man Group plc and Taylor Wimpey plc.  She is also Chairman of Trustees for the British Coal Staff Superannuation Scheme and Chairman of the Jersey Fiscal Policy Panel.   In the public sector she is a member of the National Infrastructure Commission and of the Industrial Strategy Council.  Previously, Kate was a member of the Bank of England’s Monetary Policy Committee (MPC) from 2001 until May 2010. During this period, she also led two major policy reviews for Government, on housing supply and on land use planning. Before joining the MPC she was Chief Economic Adviser at the CBI.

Sir Charles Bean is a Professor of Economics at the London School of Economics and a member of the Budget Responsibility Committee at the Office for Budget Responsibility. From 2000 to 2014, he served at the Bank of England as Executive Director and Chief Economist, and then Deputy Governor for Monetary Policy, and was a member of the Monetary Policy and Financial Policy Committees. Before joining the Bank of England, he was a member of faculty at LSE and was Managing Editor of the Review of Economic Studies; he has also worked at HM Treasury. He was President of the Royal Economic Society from 2013 to 2015 and was knighted in 2014 for services to monetary policy and central banking. He holds a PhD from MIT.

Claudio Borio was appointed Head of the Monetary and Economic Department on 18 November 2013. At the BIS since 1987, Mr Borio has held various positions in the Monetary and Economic Department (MED), including Deputy Head of MED and Director of Research and Statistics as well as Head of Secretariat for the Committee on the Global Financial System and the Gold and Foreign Exchange Committee (now the Markets Committee). From 1985 to 1987, he was an economist at the OECD, working in the country studies branch of the Economics and Statistics Department. Prior to that, he was Lecturer and Research Fellow at Brasenose College, Oxford University. He holds a DPhil and an MPhil in Economics and a BA in Politics, Philosophy and Economics from the same university. Claudio is author of numerous publications in the fields of monetary policy, banking, finance and issues related to financial stability.

Graham Turner set up GFC Economics, an IRP with nearly 20-years track record and strong focus on the US, China, Japan, UK, Eurozone and EMS, macro and market strategy. GFC also has a strong tilt towards technology, looking at corporate trends to complement economic data analysis. Graham is the author of five books, including AI and the American Economy (2016) – how technology has been underestimated.

Rachel Griffith is Research Director of the Institute for Fiscal Studies (IFS) and Professor of Economics at the University of Manchester. She is President of the Royal Economic Society, a Fellow of the Econometric Society, the British Academy and the Academy of Social Sciences. Rachel won the Birgit Grodal award in 2014 and was awarded a CBE in 2015 for services to economic policy. She was Managing Editor of the Economic Journal from 2011-2017; Professor of Economics at University College London from 2003-2010; served as President of the European Economic Association from 2013-2015.