John Anthony Fingleton CBE (born 21 September 1965) is an Irish-British economist and former CEO of the Office of Fair Trading. He is Senior Independent Member of the Innovate UK Board.
John Anthony Fingleton CBE (born 21 September 1965) is an Irish-British economist and former CEO of the Office of Fair Trading. He is Senior Independent Member of the Innovate UK Board.
Fingleton was born in September 1965, [1] he studied economics at Trinity College Dublin and Nuffield College Oxford, writing his PhD under supervision from James Mirrlees and graduating with a DPhil in 1991.
After graduating from Oxford, Fingleton taught economics at the London School of Economics and Trinity College Dublin. While an academic at TCD, he advocated deregulation of the Irish taxi market [2] and a relaxation of restrictive licensing laws in alcohol retail. [3] In 2000, Fingleton was appointed chairman of the Competition Authority of Ireland - where he made a number of prominent hires including former FTC Commissioner Terry Calvani. Fingleton was also responsible for managing the introduction of the Irish Competition Act 2002 into law. [4]
In 2005, Fingleton was appointed Chief Executive of the Office of Fair Trading. [5] While at the OfT, he led investigations into bank overdraft fees, [6] competition between supermarkets, [7] credit cards, [8] and the PPI market, [9] as well as an investigation into UK airports that led to the breakup of BAA. [10] Fingleton was criticised during his tenure for his high salary, which at £275,000 made him the second-highest paid civil servant in the UK, after the Governor of the Bank of England. [11]
Fingleton left the OfT in 2012, just before it and the Competition Commission were merged to form the new Competition and Markets Authority. He was succeeded by Clive Maxwell. [12]
Fingleton now runs a company advising businesses with competition and regulation problems. In 2015, he called for BT and Openreach to be split up to increase competition in the broadband market. [13] In 2018, he wrote a report attacking the government's plans to expand the national security test in mergers, which he warned would be damaging to the UK economy. [14]
On 30 October 2023, Federal Treasurer Jim Chalmers appointed Fingleton to the Competition Taskforce Advisory Panel, which has been established to advise the Treasury on national competition policy. [15]
Fingleton is a board member of UKRI and Fingleton was appointed Commander of the Order of the British Empire (CBE) in the 2022 New Year Honours for services to the economy and innovation. [16]
David Kenneth Miles is a British economist. Born in Swansea, he has spent his working life in London, in teaching, business and the public sector. He is a professor at Imperial College London, and was Chief UK Economist of Morgan Stanley bank from October 2004 to May 2009. He was appointed to the Bank of England's interest-rate-setting Monetary Policy Committee (MPC) from 1 June 2009 to June 2012 and again from June 2012 to 31 August 2015, before being replaced by Gertjan Vlieghe. According to the Bank of England, "As an economist he has focused on the interaction between financial markets and the wider economy.". In December 2020 he was appointed to the main board of the central Bank of Ireland. He was appointed to the Budget Responsibility Committee of the Office for Budget Responsibility (OBR) in December 2021. He took up that role in January 2022.
The Competition Commission was a non-departmental public body responsible for investigating mergers, markets and other enquiries related to regulated industries under competition law in the United Kingdom. It was a competition regulator under the Department for Business, Innovation and Skills (BIS). It was tasked with ensuring healthy competition between companies in the UK for the ultimate benefit of consumers and the economy.
The Office of Fair Trading (OFT) was a non-ministerial government department of the United Kingdom, established by the Fair Trading Act 1973, which enforced both consumer protection and competition law, acting as the United Kingdom's economic regulator. The intention was for the OFT to make markets work well for consumers, ensuring vigorous competition between fair-dealing businesses and prohibiting unfair practices such as rogue trading, scams, and cartels. Its role was modified and its powers changed by the Enterprise Act 2002.
Raghuram Govind Rajan is an Indian economist and the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago's Booth School of Business. Between 2003 and 2006 he was Chief Economist and director of research at the International Monetary Fund. From September 2013 through September 2016 he was the 23rd Governor of the Reserve Bank of India. In 2015, during his tenure at the RBI, he became the Vice-Chairman of the Bank for International Settlements.
Alexander Jesse Norman is a British politician who has served as Shadow Leader of the House of Commons since November 2024. A member of the Conservative Party, he has been a Member of Parliament (MP) for Hereford and South Herefordshire since 2010.
Amelia Fletcher is a British singer, songwriter, guitarist and economist.
Banking in the United Kingdom can be considered to have started in the Kingdom of England in the 17th century. The first activity in what later came to be known as banking was by goldsmiths who, after the dissolution of English monasteries by Henry VIII, began to accumulate significant stocks of gold.
Martin Steven Lewis CBE is an English financial journalist and broadcaster. Lewis founded the website MoneySavingExpert.com. He sold the website in 2012 to the Moneysupermarket.com group for up to £87 million. Lewis is currently a presenter for ITV, on the morning shows Good Morning Britain and This Morning since 2007. He also presents The Martin Lewis Money Show.
Andrew SentanceCBE is a British business economist. He was a Senior Adviser to Cambridge Econometrics from October 2019 to September 2023. From November 2011 until October 2018, he was Senior Economic Adviser to PwC. He was an external member of the Monetary Policy Committee of the Bank of England from October 2006 to May 2011 and is a former Chief Economist at British Airways and Director of Economic Affairs at the CBI.
Dame Diane Coyle is a British economist. Since March 2018, she has been the Bennett Professor of Public Policy at the University of Cambridge, co-directing the Bennett Institute.
Sir David Edward John Ramsden CBE is a British economist and has been Deputy Governor for Markets and Banking at the Bank of England since 4 September 2017. He was previously Chief Economic Adviser to HM Treasury and Head of the Government Economic Service, having previously served as Joint Head of the Service with Vicky Pryce, formerly Chief Economic Adviser and Director-General at the Department for Business, Innovation and Skills.
Mark Joseph Carney is a Canadian economist, banker, and political candidate who served as the eighth governor of the Bank of Canada from 2008 to 2013 and the 120th governor of the Bank of England from 2013 to 2020.
Andrew George Haldane is a British economist who worked at the Bank of England between 1989 and 2021 progressing to the role of chief economist and executive director of monetary analysis and statistics. He resigned from the Bank of England in June 2021 to become chief executive of the Royal Society for Arts. He sits on the UK's government's Economic Advisory Council.
The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom. It operates independently of the UK Government and is financed by charging fees to members of the financial services industry. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom.
Rodney Graham Sims is an Australian economist and former public servant. Sims served as chair of the Australian Competition & Consumer Commission (ACCC), Australia's competition regulator, from 1 August 2011 to 20 March 2022.
Dame Elizabeth Pauline Lucy Corley is a British businesswoman and writer. She is Chair of the Impact Investing Institute. She was CEO of Allianz Global Investors, initially for Europe and then globally, from 2005 to 2016. She continued to act as an advisor to the company in various capacities until the end of 2019. She is also a Non-Executive Director at BAE Systems plc, Morgan Stanley Inc. and Schroders plc.
Rupert Harrison CBE is a British economist and a portfolio manager at BlackRock. He was from 2006 to 2015 the chief of staff to George Osborne, the British Chancellor of the Exchequer, and chair of the Council of Economic Advisers in the UK Treasury. He is currently a member of the Economic Advisory Council convened by Chancellor of the Exchequer, Jeremy Hunt. In June 2023, he was selected as the Conservative Party candidate for the Bicester & Woodstock constituency at the 2024 general election.
Paul Gavin Johnson CBE is a British economist, currently serving as director of the Institute for Fiscal Studies. He is also a columnist for The Times, and a visiting professor in Economics at the Department of Economics, University College London. He is author of the best selling book “Follow the Money” and a frequent contributor to written and broadcast media.
Dame Sharon Michele White, Lady Chote, is a British businesswoman who served as the sixth Chairman of the John Lewis Partnership, having previously held a variety of roles in the Civil Service.
Jonathan Haskel is a British economist and professor of economics at Imperial College Business School.
{{cite web}}: Missing or empty |title= (help)