Kate Barker

Dame Kate Barker
DBE FAcSS
Member of the Monetary Policy Committee
In office
June 2001 – May 2010
Governor Sir Edward George (2001–2003), Mervyn King (2003–2013)
Personal details
Born Katharine Mary Barker
1957 (age 60–61)
Alma mater St Hilda's College, Oxford
Profession Economist, academic

Dame Katharine Mary Barker DBE FAcSS[1] (born 1957) is a British economist. She is principally noted for her role at the Bank of England and for advising the British government on social issues such as housing and health care.

Early career

Barker grew up in Stoke-on-Trent. She received a degree in Philosophy, Politics and Economics at St Hilda's College, Oxford in 1979 and then worked for a large pension fund in London. She was a Research Officer at the National Institute of Economic and Social Research (1981–85) and was the Chief European Economist at the Ford Motor Company in Brentwood (1985–94). From 1994–2001 she was Chief Economic Adviser at the Confederation of British Industry (CBI). She was also a member of the HM Treasury's Panel of Independent Economic Advisers 1996–97; and a non-executive Director of the Yorkshire Building Society (1999-April 2001).[2]

Barker was appointed as an external member of the Monetary Policy Committee of the Bank of England with effect from 1 June 2001. The MPC is responsible for setting interest rates to meet the Government's inflation target. She is the first external MPC member to have been appointed for three terms, the latest of which ended on 31 May 2010. She was not eligible for a fourth term.

Housing and other government work

Barker was appointed by the Government in April 2003 to conduct an independent Review of UK Housing Supply; leading to a final report in March 2004. The Government’s full response to this review was published in December 2005. In October 2005 she was appointed a Board Member of the Housing Corporation, and from 2008 to 2011 of one of its successor bodies, the Homes and Communities Agency. In December 2005, she was asked to conduct an independent Review of Land Use Planning, and she reported on 5 December 2006. From 2010 to May 2015 she was Chair of the Northern Ireland Economic Advisory Group. She was appointed as one of two non-executive members of the UK government's Office for Budget Responsibility from June 2011 to June 2017.[2]

Barker was appointed Commander of the Order of the British Empire (CBE) for services to social housing in 2006 and Dame Commander of the Order of the British Empire (DBE) in the 2014 Birthday Honours for services to the economy.[3] She is an Academician of the Academy of Social Sciences.

Her book, Housing: Where's the Plan was published in September 2014 by London Publishing Partnership, in their Perspectives series.

In 2014 she chaired a Commission on the Future of Health and Social Care in England for the King's Fund, which delivered its final report in September.[4] She led a quality review of the National Accounts for the Office for National Statistics during 2014.[5]

Board memberships

Barker is a member of the advisory board of the Centre for Economic Policy at the London School of Economics. She became Chair of the advisory board for the Centre for Business Research at the Judge Business School, University of Cambridge, in October 2012. She is a senior visiting fellow in the Department of Land Economy at Cambridge. She was also a Governor at Anglia Ruskin University from 2000–10, and Chair of Governors 2007–2010; in October 2011, the university awarded her an honorary doctorate.

She was Chair of the Society of Business Economists from 2013 to 2016. In March 2014 she was appointed a member of the Fiscal Policy Panel of the States of Jersey, and became Chairman of the Panel in April 2016. She is a trustee of the Essex Community Foundation.

She was a non-executive director on the board of the Yorkshire Building Society from 2010 to 2017. She was a Senior Adviser to Credit Suisse 2010–2016.

From 2010 to June 2016 she was a non-executive director of Electra Private Equity plc, and Interim Chairman from November 2015.

In September 2014 Dame Kate Barker became Chairman of the Trustees of the British Coal Staff Superannuation Scheme.[2]

She is currently an NED of Taylor Wimpey plc and Man Group plc. In April 2017 she was appointed as a member of the National Infrastructure Commission. In July 2017 she became a member of the Council, Oxford University.

Previously an independent member of the Football Regulatory Authority of the Football Association, she is a Stoke City F.C. fan.[6]

References

  1. ↑ "'Fellows' or 'Academicians'? - Academy of Social Sciences".
  2. 1 2 3 Biography, Bank of England website; accessed 14 June 2014.
  3. ↑ "No. 60895". The London Gazette (Supplement). 14 June 2014. p. b8.
  4. ↑ "Chair of the commission: Kate Barker". The King's Fund.
  5. ↑ ONS. "Announcement of the NSQR on the National Accounts". www.ons.gov.uk.
  6. ↑ "Women remain rarities in the FA council chamber". Guardian. 25 January 2011. Retrieved 27 April 2012.
Governor: Sir Edward George (June 1997–June 2003)
June 2001 – May 2002: George | King | Plenderleith | Clementi | Wadhwani | Allsopp | Nickell | Bean | Barker
June 2002: George | King | Clementi | Allsopp | Nickell | Bean | Barker | Tucker
July 2002 – August 2002: George | King | Clementi | Allsopp | Nickell | Bean | Barker | Tucker | Bell
September 2002: George | King | Allsopp | Nickell | Bean | Barker | Tucker | Bell
October 2002 – May 2003: George | King | Allsopp | Nickell | Bean | Barker | Tucker | Bell | Large
June 2003: George | King | Nickell | Bean | Barker | Tucker | Bell | Large | Lambert
Governor: Mervyn King (June 2003–present)
July 2003 – June 2005: King | Nickell | Bean | Barker | Tucker | Bell | Large | Lambert | Lomax
July 2005 – January 2006: King | Nickell | Bean | Barker | Tucker | Large | Lambert | Lomax | Walton
February 2006 – March 2006: King | Nickell | Bean | Barker | Tucker | Lambert | Lomax | Walton | Gieve
April 2006 – May 2006: King | Nickell | Bean | Barker | Tucker | Lomax | Walton | Gieve
June 2006: King | Bean | Barker | Tucker | Lomax | Walton | Gieve | Blanchflower
July 2006 – August 2006: King | Bean | Barker | Tucker | Lomax | Gieve | Blanchflower
September 2006: King | Bean | Barker | Tucker | Lomax | Gieve | Blanchflower | Besley
October 2006 – June 2008: King | Bean | Barker | Tucker | Lomax | Gieve | Blanchflower | Besley | Sentance
July 2008 – February 2009: King | Bean | Barker | Tucker | Gieve | Blanchflower | Besley | Sentance | Dale
March 2009 – April 2009: King | Bean | Barker | Tucker | Blanchflower | Besley | Sentance | Dale | Fisher
June 2009 – August 2009: King | Bean | Barker | Tucker | Besley | Sentance | Dale | Fisher | Miles
September 2009 – July 2010: King | Bean | Barker | Tucker | Sentance | Dale | Fisher | Miles | Posen
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