Mais Lecture

Last updated

The Mais Lecture has been hosted since 1978, on a mostly annual basis, by Bayes Business School (formerly Cass), part of City, University of London. [1]

Contents

The lecture is named in honour of Lord Mais, the 645th Lord Mayor of the City of London (1972–73), and Pro-Chancellor of City University (1979–84). He played a key role in establishing City University's Centre of Excellence for Banking and Finance, now part of the wider Bayes Faculty of Finance.

The lecture is regarded as a leading event for the banking and finance community of the City of London, having hosted a number of prestigious speakers including successive Prime Ministers, Chancellors of the Exchequer, and Governors of the Bank of England, and notably the forum in which successive Chancellors and Shadow Chancellors have set out their economic philosophy and policies.

In January 2021 Anneliese Dodds MP, Shadow Chancellor of the Exchequer, became the first woman to give the Mais Lecture.

List of Mais Lectures

LectureDateDelivered byTitle
First9 Feb 1978 Gordon Richardson Reflections on the Conduct of Monetary Policy [2]
SecondNov 1979 Lionel Robbins Objectives of Monetary Policy: Past and Present
ThirdMay 1981 Geoffrey Howe The Fight Against Inflation
FourthMar 1983 Friedrich Hayek Science and Ethics
Fifth18 Jun 1984 Nigel Lawson The British Experiment [3] [4] [5]
SixthMay 1986 Roy Jenkins The International Finance Scene: Can Sense be Plucked Out of Danger
SeventhMay 1987 Robin Leigh-Pemberton The Instruments of Monetary Policy
EighthMay 1988 Michel Camdessus The IMF in a Changing World
NinthMay 1989 Samuel Brittan A Restatement of Economic Liberalism
TenthMay 1990 Gordon Pepper Monetary Policy: A Post-Mortem and Proposal
EleventhMay 1992 Erik Hoffmeyer  [ da ]Economic and Monetary Union: The Case for Central Bank Independence
TwelfthJun 1993 Peter Lilley Benefits and Costs: Securing and Future of Social Security
ThirteenthMay 1994 Kenneth Clarke The Changing World of Work in the 1990s
Fourteenth22 May 1995 Tony Blair The Economic Framework for New Labour [6] [5]
FifteenthOct 1996 Michael Heseltine Achieving Competitiveness in a Global Economy
Sixteenth24 Jun 1997 Edward George Monetary Policy in Britain and Europe [7] [8]
SeventeenthMay 1998 Hans Tietmeyer Financial and Monetary Integration: Benefits, Opportunities, and Pitfalls
Eighteenth19 Oct 1999 Gordon Brown The Conditions for Full Employment [9]
NineteenthMay 2000 Jonathan Sacks Markets, Governments, and Virtues
TwentiethMay 2001 Valery Giscard d'Estaing The New European Debate: The Euro-zone and the Greater Europe
Twenty-firstApr 2003 Ernst Welteke Reflections on European Monetary Policy [10]
Twenty-second12 May 2004 Otmar Issing The Euro: the First Five Years [11]
Twenty-third17 May 2005 Mervyn King Monetary Policy: Practice Ahead of Theory [12] [13] [14]
Twenty-fourth29 Oct 2008 Alistair Darling Chancellor Reveals His Plans to Maintain Economic Stability [15] [16] [17] [18]
Twenty-fifth13 May 2009 Axel A. Weber Reflections on the Financial Crisis [19]
Twenty-sixth24 Feb 2010 George Osborne A New Economic Model [20] [21] [22] [23] [24] [25] [26]
Twenty-seventh13 Jul 2011 Paul Volcker The World of Finance and the National Interest [27] [28] [29]
Twenty-eighth8 May 2012 Patrick Honohan The Experience of Financial Integration – Ireland, Britain, Europe [30] [31] [32]
Twenty-ninth18 Mar 2014 Mark Carney One Mission. One Bank. Promoting the Good of the People of the United Kingdom. [33] [34] [35]
Thirtieth7 Oct 2015 Olivier Blanchard Rethinking Macro (Stabilisation) Policy [36] [37] [38]
Thirty-first12 Jun 2017 Brian Griffiths Restoring Trust in the Banking System [39] [40] [41] [42] [43] [44]
Thirty-second29 Oct 2018 José Manuel Barroso The European Union and the Changing International Landscape [45] [46]
Thirty-third13 Jan 2021 Anneliese Dodds The challenges of the post-Covid, post-Brexit UK economy – a response [delivered virtually] [47] [48] [49] [50]
Thirty-fourth24 Feb 2022 Rishi Sunak A new culture of enterprise [51] [52] [53]
Thirty-fifth5 Jun 2023 Odile Renaud-Basso How to green the global economy [54] [55] [56]
Thirty-sixth19 Mar 2024 Rachel Reeves Economic Growth in an Age of Insecurity [57] [58] [59] [60] [61]

See also

Related Research Articles

<span class="mw-page-title-main">Bank of England</span> Central bank of the United Kingdom

The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker and debt manager, and still one of the bankers for the government of the United Kingdom, it is the world's second oldest central bank.

<span class="mw-page-title-main">Chancellor of the Exchequer</span> Lead minister of His Majestys Treasury

The chancellor of the exchequer, often abbreviated to chancellor, is a senior minister of the Crown within the Government of the United Kingdom, and the head of His Majesty’s Treasury. As one of the four Great Offices of State, the chancellor is a high-ranking member of the British Cabinet.

<span class="mw-page-title-main">Mervyn King, Baron King of Lothbury</span> British economist (born 1948)

Mervyn Allister King, Baron King of Lothbury is a British economist and public servant who served as the Governor of the Bank of England from 2003 to 2013. He is a School Professor of Economics at the London School of Economics. He is also the Chairman of the Philharmonia.

<span class="mw-page-title-main">George Osborne</span> British newspaper editor and politician (born 1971)

George Gideon Oliver Osborne is a British retired politician and newspaper editor who served as Chancellor of the Exchequer from 2010 to 2016 and as First Secretary of State from 2015 to 2016 in the Cameron government. A member of the Conservative Party, he was Member of Parliament (MP) for Tatton from 2001 to 2017.

A spending review, or occasionally a comprehensive spending review, is a governmental process in the United Kingdom carried out by HM Treasury to set firm expenditure limits and, through public service agreements, define the key improvements that the public can expect from these resources.

<span class="mw-page-title-main">Governor of the Bank of England</span> Senior position in the Bank of England

The governor of the Bank of England is the most senior position in the Bank of England. It is nominally a civil service post, but the appointment tends to be from within the bank, with the incumbent grooming a successor. The governor of the Bank of England is also chairman of the Monetary Policy Committee, with a major role in guiding national economic and monetary policy, and is therefore one of the most important public officials in the United Kingdom.

The Great Offices of State are senior offices in the UK government. They are the Prime Minister, the Chancellor of the Exchequer, the Foreign Secretary and the Home Secretary or, alternatively, three of those offices excluding the prime minister.

<span class="mw-page-title-main">Gordon Richardson, Baron Richardson of Duntisbourne</span> British banker, lawyer and Governor of the Bank of England

Gordon William Humphreys Richardson, Baron Richardson of Duntisbourne was a British banker, former lawyer, and former Governor of the Bank of England.

<span class="mw-page-title-main">Howard Davies (economist)</span> British economist and author

Sir Howard John Davies is a British historian and author, who is the chairman of NatWest Group and the former director of the London School of Economics.

<span class="mw-page-title-main">Mark Carney</span> Canadian economist and banker (born 1965)

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. He was the chair of the Financial Stability Board from 2011 to 2018.

<span class="mw-page-title-main">Alan Mais, Baron Mais</span>

Alan Raymond Mais, Baron Mais, was a Labour Party Life peer and Lord Mayor of the City of London for 1972–1973.

<span class="mw-page-title-main">Andrew Bailey (banker)</span> British central banker (born 1959)

Andrew John Bailey is a British central banker and Governor of the Bank of England since 16 March 2020.

<span class="mw-page-title-main">Rachel Reeves</span> British politician (born 1979)

Rachel Jane Reeves is a British politician who has served as Chancellor of the Exchequer since July 2024. A member of the Labour Party, she has been Member of Parliament (MP) for Leeds West and Pudsey, formerly Leeds West, since 2010. She previously held various shadow ministerial and shadow cabinet portfolios between 2010 and 2015 and from 2020 to 2024.

Sir Jonathan Stephen Cunliffe, CB is a senior British civil servant, who served as Deputy Governor of the Bank of England for Financial Stability.

<span class="mw-page-title-main">Anneliese Dodds</span> British politician (born 1978)

Anneliese Jane Dodds is a British Labour and Co-operative politician and public policy analyst serving as Minister of State for Development and Minister of State for Women and Equalities since July 2024. She previously served as Chair of the Labour Party from 2021 to 2024. She was Shadow Chancellor of the Exchequer from April 2020 to May 2021, the first woman to hold the position, and Shadow Secretary of State for Women and Equalities from 2021 to 2024. She has been Member of Parliament (MP) for Oxford East since 2017 and was a Member of the European Parliament (MEP) for South East England from 2014 to 2017.

<span class="mw-page-title-main">Rishi Sunak</span> Prime Minister of the United Kingdom from 2022 to 2024

Rishi Sunak is a British politician who served as Prime Minister of the United Kingdom from 2022 to 2024. He was Leader of the Conservative Party from October 2022 to November 2024. Following his defeat to Keir Starmer’s Labour Party in the 2024 general election, he became Leader of the Opposition, serving in this role from July to November 2024. He previously held two Cabinet positions under Boris Johnson, latterly as Chancellor of the Exchequer from 2020 to 2022. Sunak has been Member of Parliament (MP) for Richmond and Northallerton, previously Richmond (Yorks), since 2015.

<span class="mw-page-title-main">National Wealth Fund (United Kingdom)</span> Sovereign wealth fund in the UK

The National Wealth Fund (NWF), formerly the UK Infrastructure Bank, is the sovereign wealth fund of the United Kingdom. The fund is publicly owned with its sole shareholder being the Treasury Solicitor in the capacity of HM Treasury. The goal of the fund is to invest alongside the private sector in projects within the United Kingdom. The bank has a total capitalisation of £27.8 billion. The fund is a "strategic" sovereign wealth fund, targeting non-financial objectives such as development goals. However, the fund's classification as a sovereign wealth fund is contentious.

<span class="mw-page-title-main">2023 United Kingdom budget</span>

The 2023 United Kingdom budget was delivered to the House of Commons on 15 March 2023 by Chancellor of the Exchequer Jeremy Hunt. It was the first of two full budget statements presented during the Sunak ministry. It was also the first full budget statement to be presented by Hunt since his appointment as chancellor, and the first since the October 2021 United Kingdom budget presented by then-Chancellor Rishi Sunak. The date of the budget was confirmed by Hunt on 19 December 2022. At the same time he confirmed the budget would be accompanied by a full budget report from the Office for Budget Responsibility. The statement was presented as a budget for growth, with the objective of bringing about the conditions for long-term sustainable economic growth within the UK.

<span class="mw-page-title-main">Chancellorship of Rachel Reeves</span> Rachel Reeves tenure at HM Treasury (2024–present)

Rachel Reeves became Chancellor of the Exchequer on 5 July 2024, upon her appointment by Prime Minister Keir Starmer, following Labour's victory in the 2024 general election. She succeeded Conservative chancellor Jeremy Hunt, and became the first woman to hold the office of Chancellor in its 708-year history.

<span class="mw-page-title-main">October 2024 United Kingdom budget</span>

The October 2024 United Kingdom budget was delivered to the House of Commons by Rachel Reeves, the Chancellor of the Exchequer, on 30 October 2024. She is the inaugural female to present a UK Budget, marking the Labour Party's first Budget in over 14 years. It covered Labour's fiscal plans, with a focus on investment, healthcare, education, childcare, sustainable energy, transport, and workers' rights enrichment.

References

  1. "Mais Lecture Series | Bayes Business School". www.bayes.city.ac.uk. 6 May 2022. Retrieved 10 March 2024.
  2. "Reflections on the conduct of monetary policy - the first Mais lecture". www.bankofengland.co.uk.
  3. "Economic policy: The British Experiment (The Mais Lecture) | Margaret Thatcher Foundation". www.margaretthatcher.org.
  4. "The Mais lecture: ten years on | LSE Digital Library". digital.library.lse.ac.uk.
  5. 1 2 Skidelsky, Robert. "Bring back Keynes".
  6. "Blair shadows Tories with inflation pledge". The Independent. 23 May 1995.
  7. "The Sixteenth Mais Lecture - speech by Edward George". www.bankofengland.co.uk.
  8. "Info". www.bankofengland.co.uk. 1997. Retrieved 5 January 2020.
  9. HM Treasury, e-Comms Team (12 June 2001). "Delivering economic stability, speech by Ed Balls, Chief Economic Adviser to the Treasury". webarchive.nationalarchives.gov.uk. Archived from the original on 7 April 2010. Retrieved 13 October 2019.
  10. "Policy Makers on Policy | the Mais Lectures | Taylor & Francis Group". Archived from the original on 13 October 2019. Retrieved 13 October 2019.
  11. "The ECB and the euro - the first five years". European Central Bank.
  12. "Info". www.bankofengland.co.uk. 2005. Retrieved 5 January 2020.
  13. "Listing" (PDF). www.bis.org. Retrieved 5 January 2020.
  14. "Practice ahead of theory | The Actuary, the official magazine of the Institute and Faculty of Actuaries". www.theactuary.com.
  15. Cohen, Norma (29 October 2008). "Darling calls end to fiscal rules". www.ft.com. Retrieved 6 March 2022.
  16. "Darling: tax may rise in downturn". The Independent. 30 October 2008.
  17. "Alistair Darling: New approach needed for public finances to combat downturn". 29 October 2008 via www.theguardian.com.
  18. "Darling: UK must be determined". politics.co.uk.
  19. "Listing" (PDF). www.bis.org. Retrieved 5 January 2020.
  20. BBC Parliament - Briefings (27 February 2010). "George Osborne". BBC. Retrieved 29 January 2021.
  21. Conservative Party Speeches (24 February 2010). "George Osborne: Mais Lecture - A New Economic Model ::Conservative Party Speeches". SayIt. Retrieved 29 January 2021.
  22. Reece, Damian (24 February 2010). "Osborne leaves no room for doubt as to Tories' intentions to tackle deficit" via www.telegraph.co.uk.
  23. "Osborne promises honesty on cuts". 25 February 2010 via news.bbc.co.uk.
  24. "Have economists witnessed the birth of 'Osbornism'?". Channel 4 News.
  25. Watt, Nicholas; Mulholland, Hélène (25 February 2010). "UK must cut fiscal deficit now, warns George Osborne" via www.theguardian.com.
  26. "At last, the Tories get organised". Coffee House. 12 March 2010.
  27. Armitstead, Louise (14 July 2011). "Volcker: Vickers has 'missed' big bank problem" via www.telegraph.co.uk.
  28. "haslamedia".
  29. Skinner, Chris M. (15 July 2011). "Volcker versus Vickers, Round One". Chris Skinner's blog.
  30. "Governor Honohan presents Mais lecture at Cass Business School, London | Central Bank of Ireland". www.centralbank.ie.
  31. "Listing" (PDF). www.bis.org. Retrieved 5 January 2020.
  32. Hennessy, Mark. "EFSF should have funded banks, says Honohan". The Irish Times.
  33. "One mission". www.bankofengland.co.uk. 2014. Retrieved 5 January 2020.
  34. Peston, Robert (18 March 2014). "All change at the Bank of England" via www.bbc.co.uk.
  35. "The rich are different". 19 March 2014 via The Economist.
  36. "Olivier Blanchard at Cass Mais Lecture 2015: Rethinking Macro (Stabilisation) Policy" via www.youtube.com.
  37. "Ex-IMF Chief Economist backs Macron's economic policy: an interview with Olivier Blanchard". 20 October 2015.
  38. "Olivier Blanchard at Cass Mais Lecture 2015" via www.youtube.com.
  39. "Restoring Trust in the Banking System | Cass Business School". www.cass.city.ac.uk.
  40. "Programme" (PDF). theceme.org. 2017. Retrieved 5 January 2020.
  41. "Lord Griffiths at Cass: Restoring Trust in the Banking System, Mais Lecture 2017" via www.youtube.com.
  42. "Restoring Trust in the Banking System, Lord Griffiths - Mais Lecture 2017 - Highlights" via www.youtube.com.
  43. "Lord Griffiths: Restoring Trust in the Banking System". 26 May 2017.
  44. "Speech". www.bankofengland.co.uk. 2017. Retrieved 5 January 2020.
  45. "Mais Lecture 2018". City, University of London.
  46. "Jose Manuel Barroso: Mais Lecture, Cass Business School – Fortis Consulting London".
  47. Giles, Chris (21 January 2021). "Labour signals end of Corbyn era in setting out economic vision". www.ft.com. Retrieved 29 January 2021.
  48. Boscia, Stefan (13 January 2021). "Labour's Anneliese Dodds to call for 'responsible fiscal framework' in major speech". City A.M. Retrieved 29 January 2021.
  49. "Anneliese Dodds - Mais lecture to the Business School at City University London". The Labour Party. 13 January 2021. Retrieved 29 January 2021.
  50. Annelises Dodds | Mais Lecture 2021 , retrieved 20 February 2022
  51. HM Treasury (24 February 2022). "Chancellor Rishi Sunak's Mais Lecture 2022". GOV.UK. Retrieved 6 March 2022.
  52. Elliott, Larry (20 February 2022). "We know little about the real Rishi Sunak … but that may change this week". the Guardian. Retrieved 20 February 2022.
  53. Shipman, Tim (12 February 2020). "Can Rishi Sunak's high-wire act land him the top job?". The Sunday Times. ISSN   0140-0460 . Retrieved 20 February 2022.
  54. Renaud-Basso, Odile (5 June 2023). "How to green the global economy". European Bank for Reconstruction and Development. Retrieved 7 June 2023.
  55. Blakey, Douglas (5 June 2023). "Dramatic changes needed to rules governing economic markets: Odile Renaud-Basso". Retail Banker International. Retrieved 7 June 2023.
  56. "Mais Lecture 2023: How to green the global economy". www.city.ac.uk. Retrieved 10 March 2024.
  57. "Rt. Hon. Rachel Reeves MP delivers the 2024 Mais Lecture at Bayes Business School | City, University of London". www.city.ac.uk. 22 March 2024. Retrieved 1 April 2024.
  58. "Rachel Reeves Mais Lecture 2024". The Labour Party. 19 March 2024. Retrieved 1 April 2024.
  59. Riley-Smith, Ben (18 March 2024). "Britain faces 1979 moment, says Rachel Reeves". The Telegraph. ISSN   0307-1235 . Retrieved 19 March 2024.
  60. "Rachel Reeves: New chapter ahead, shadow chancellor promises business". BBC News. 19 March 2024. Retrieved 19 March 2024.
  61. "Rachel Reeves to call for 'stability' as she outlines economic vision for UK". www.ft.com. Retrieved 19 March 2024.