Nicholas Macpherson

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Sir Nicholas Macpherson
GCB
File:Sir Nicholas Macpherson on December 9, 2014.jpg
Macpherson in December 2014
Permanent Secretary of HM Treasury
Assumed office
2005
Monarch Elizabeth II
Prime Minister Tony Blair
Gordon Brown
David Cameron
Chancellor Gordon Brown
Alastair Darling
George Osborne
Preceded by Sir Gus O'Donnell
Personal details
Born 1959 (age 64–65)
Education Eton College
Alma mater Balliol College, Oxford
University College, London

Sir Nicholas Macpherson, GCB (born 1959) is a senior British civil servant, serving as the Permanent Secretary to the Treasury since 2 August 2005. He has announced that he will step down in April 2016.

Macpherson has been Permanent Secretary to three Chancellors, and is currently the longest serving Permanent Secretary in Whitehall. He has managed the department through the financial and wider economic crisis which began in 2007.

Early life

He was educated at Eton College, Balliol College, Oxford and University College London.

Career

Macpherson first worked as an economist at the CBI and Peat Marwick Consulting.[1]

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 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.[2]

On 4 January 2016 Macpherson announced that he will step down from the Treasury in April 2016.[2]

Macpherson is a visiting fellow at Nuffield College, Oxford, and a visiting professor at Queen Mary, University of London.[citation needed] He is a visiting professor at King’s College London.[2]

Personal life

Macpherson's son, Fred, is lead singer of the indie rock band Spector.[3]

Honours

He was appointed Knight Commander of the Order of the Bath (KCB) in the 2009 New Year Honours.[4] He was promoted to Knight Grand Cross of the Order of Bath (GCB) in the 2015 Birthday Honours.[5]

References

Preceded by Managing Director, Public Services
HM Treasury

2001-2004
Succeeded by
Jonathan Stephens
Preceded by Managing Director, Budget and Public Finances
HM Treasury

2004-2005
Succeeded by
Mark Neale
as Managing Director, Budget, Tax and Welfare[1]
Preceded by Permanent Secretary of HM Treasury
2005-
Succeeded by
Incumbent

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