Nick Macpherson

Nicholas Ian Macpherson, Baron Macpherson of Earl's Court, GCB (born 14 July 1959) is a former senior British civil servant. He served as the Permanent Secretary to the Treasury from 2005 to 2016.

Macpherson was Permanent Secretary to three Chancellors. He managed the department through the financial and wider economic crisis which began in 2007.

Macpherson was nominated for a crossbench peerage in David Cameron's 2016 resignation Honours,[2] and joined the House of Lords on 4 October 2016.[3]


The Lord Macpherson
of Earl's Court

Official portrait of Lord Macpherson of Earl's Court crop 2
Permanent Secretary of HM Treasury
In office
2005–2016
MonarchElizabeth II
Prime MinisterTony Blair
Gordon Brown
David Cameron
ChancellorGordon Brown
Alastair Darling
George Osborne
Preceded bySir Gus O'Donnell
Succeeded bySir Tom Scholar
Member of the House of Lords
Lord Temporal
Assumed office
4 October 2016
Life Peerage
Personal details
Born14 July 1959 (age 60)[1]
EducationEton College
Alma materBalliol College, Oxford
University College, London

Early life

The son of Ewen Macpherson and Nicolette Van der Bijl, Macpherson was educated at Eton College,[1] where he won the Newcastle Medal, coming second in the examination for the Newcastle Scholarship in 1977. He later attended Balliol College, Oxford (where he read Politics and Economics [4]) and University College London.

Career

Macpherson first worked as an economist at the CBI and Peat Marwick Consulting.[5]

Treasury

Macpherson entered HM Treasury in 1985. From 1993 to 1997, he was Principal Private Secretary to the Chancellor of the Exchequer; he oversaw the transition from Kenneth Clarke to Gordon Brown as Chancellor. From 1998 to 2001, he was Director of Welfare Reform. From 2001 to 2004, he was head of the Public Services Directorate, where he managed the 2000 and 2002 spending reviews. From 2004 to 2005 Macpherson managed the Budget and Public Finance Directorate, where he was responsible for tax policy and the budget process.

Macpherson succeeded Sir (now Lord) Gus O'Donnell as Permanent Secretary of the Treasury, when the latter moved to be the Cabinet Secretary and Head of the Civil Service in 2005. Macpherson came to prominence during the 2014 Scottish independence referendum when he advised George Osborne against entering into a currency union with any Scottish independent state, which was contrary to initial Scottish National Party plans.[6] He stepped down from the Treasury on 31 March 2016.[6]

Other positions

Macpherson was a visiting fellow at Nuffield College, Oxford, and is a visiting professor at King's College London.[6]

Macpherson is Chairman of C. Hoare & Co and on the Board of British Land and the Scottish American Investment Trust.[7]

Personal life

Macpherson's son, Fred, is lead singer of the indie rock band Spector.[8]

Honours

Macpherson was appointed Knight Commander of the Order of the Bath (KCB) in the 2009 New Year Honours,[9] and promoted to Knight Grand Cross of the same Order (GCB) in the 2015 Birthday Honours.[10][11]

Macpherson was nominated for a life peerage in the 2016 Prime Minister's Resignation Honours and was created Baron Macpherson of Earl's Court, of Earl's Court in the Royal Borough of Kensington and Chelsea, on 4 October.[2][12]

References

  1. ^ a b Who's Who 2010, A & C Black, 2010, ISBN 978-1-4081-1414-8
  2. ^ a b https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/543973/resignation_peerages_2016.pdf
  3. ^ http://www.parliament.uk/biographies/lords/lord-macpherson-of-earl's-court/4586
  4. ^ Commons, The Committee Office, House of. "House of Commons – Public Accounts – Minutes of Evidence". www.publications.parliament.uk. Retrieved 2016-08-27.
  5. ^ HM Treasury (2001-04-11). "Senior Civil Service appointments at HM Treasury (press release)". Archived from the original on 2009-08-05. Retrieved 2009-01-28.
  6. ^ a b c Phillip Inman (4 January 2016). "Treasury permanent secretary Sir Nicholas Macpherson to step down". The Guardian. Retrieved 4 January 2016.
  7. ^ British Land appoints Lord Macpherson of Earl's Court GCB as a Non-Executive Director
  8. ^ Peaches Geldof and the Treasury chief’s rock star boy | Daily Mail Online
  9. ^ "No. 58929". The London Gazette (Supplement). 31 December 2008. p. 2.
  10. ^ https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/434869/Queens_birthday_honours_list_2015.pdf
  11. ^ "No. 61256". The London Gazette (Supplement). 13 June 2015. p. 3.
  12. ^ "No. 61729". The London Gazette. 12 October 2016. p. 21644.

External links

Government offices
Preceded by
Sir John Gieve
Managing Director, Public Services
HM Treasury

2001–2004
Succeeded by
Jonathan Stephens
Preceded by
Sir Robert Culpin
Managing Director, Budget and Public Finances
HM Treasury

2004–2005
Succeeded by
Mark Neale
as Managing Director, Budget, Tax and Welfare[1]
Preceded by
Sir Gus O'Donnell
Permanent Secretary of HM Treasury
2005–2016
Succeeded by
Tom Scholar
  1. ^ HM Treasury. "Resource Accounts 2005–06" (PDF). Archived from the original (PDF) on 2012-02-18. Retrieved 2009-01-28.
Tom Scholar

Sir Thomas Whinfield Scholar KCB (born 17 December 1968) is a British civil servant currently serving as Permanent Secretary at HM Treasury. Scholar was previously the Prime Minister's Adviser on European and Global Issues in the Cabinet Office.

This page is based on a Wikipedia article written by authors (here).
Text is available under the CC BY-SA 3.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.