Kate Barker
Encyclopedia
Kate Barker CBE  is a British
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

 economist
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...

.

Barker grew up in Stoke-on-Trent
Stoke-on-Trent
Stoke-on-Trent , also called The Potteries is a city in Staffordshire, England, which forms a linear conurbation almost 12 miles long, with an area of . Together with the Borough of Newcastle-under-Lyme Stoke forms The Potteries Urban Area...

. She received a degree in Philosophy, Politics and Economics at St Hilda's College, Oxford
St Hilda's College, Oxford
St Hilda's College is one of the constituent colleges of the University of Oxford in England.The college was founded in 1893 as a hall for women, and remained an all-women's college until 2006....

 in 1979 and worked for a large pension fund in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

. She was a Research Officer at the National Institute of Economic and Social Research (1981–1985) and was then the Chief European Economist at the Ford Motor Company
Ford Motor Company
Ford Motor Company is an American multinational automaker based in Dearborn, Michigan, a suburb of Detroit. The automaker was founded by Henry Ford and incorporated on June 16, 1903. In addition to the Ford and Lincoln brands, Ford also owns a small stake in Mazda in Japan and Aston Martin in the UK...

 in Brentwood
Brentwood, Essex
Brentwood is a town and the principal settlement of the Borough of Brentwood, in the county of Essex in the east of England. It is located in the London commuter belt, 20 miles east north-east of Charing Cross in London, and near the M25 motorway....

 (1985–1994). From 1994-2001 she was Chief Economic Adviser at the CBI
Confederation of British Industry
The Confederation of British Industry is a British not for profit organisation incorporated by Royal charter which promotes the interests of its members, some 200,000 British businesses, a figure which includes some 80% of FTSE 100 companies and around 50% of FTSE 350 companies.-Role:The CBI works...

. She was also a member of the HM Treasury
HM Treasury
HM Treasury, in full Her Majesty's Treasury, informally The Treasury, is the United Kingdom government department responsible for developing and executing the British government's public finance policy and economic policy...

's Panel of Independent Economic Advisers 1996-97; and a non-executive Director of the Yorkshire Building Society
Yorkshire Building Society
The Yorkshire Building Society is the second largest building society in the UK, with its headquarters in Bradford, West Yorkshire, England. Assets now exceed £20 billion....

 (1999-April 2001).

Kate Barker was appointed as an external member of the Monetary Policy Committee
Monetary Policy Committee
The Monetary Policy Committee is a committee of the Bank of England, which meets for two and a half days every month to decide the official interest rate in the United Kingdom . It is also responsible for directing other aspects of the government's monetary policy framework, such as quantitative...

 of the Bank of England
Bank of England
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, it is the second oldest central bank in the world...

 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 May 31, 2010. She was not eligible for a fourth term.

She 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
Housing Corporation
The Housing Corporation was the non-departmental public body that funded new affordable housing and regulated housing associations in England. It was established by the Housing Act 1964...

, and in 2008 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.

She was chair of governors at Anglia Ruskin University 2007-2010.

Kate Barker was awarded a CBE for Services to Social Housing in 2006. She is an Academician of the Academy of Social Sciences.

She is Chair of the Northern Ireland Economic Advisory Group, a member of the Joseph Rowntree Foundation Housing Market Taskforce, a member of Council of the National Institute for Economic and Social Research, and an independent member of the Football Regulatory Authority of the Football Association.

She chairs the advisory board for the Spatial Economics Research Centre at the London School of Economics (LSE), is a member of the advisory board for the Centre for Economic Policy at the LSE, and also of the advisory board for the Centre for Business Research at the Judge Business School, University of Cambridge. She is a senior visiting fellow in the Department of Land Economy at Cambridge University.

She is a non-executive director on the boards of Taylor Wimpey plc, Electra Partners, and the Yorkshire Building Society. She is a senior adviser to Credit Suisse.

In June 2011 she was appointed as one of two non-executive directors of the UK government's Office for Budget Responsibility.

In October 2011, Kate Barker was made an honorary Doctor of Science by Anglia Ruskin University.

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