A panel investigating the current role, responsibilities and mandate of the Treasury is due to make its recommendations by July.
Karel Williams, Professor of Accounting and Political Economy, sits on the panel which was commissioned by shadow chancellor John McDonnell last year. The aim of the review is to bring together evidence on whether the current role and structures of the Treasury –a uniquely powerful government department – are appropriate for promoting and managing sustainable growth.
Karel is one of only two academics sitting on the review which is being led by Lord Bob Kerslake, the former head of the civil service, and which is made up of a panel of independent experts from a wide range of backgrounds.