Appointment of Minouche Shafik announced after series of economic missteps by Downing Street
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The former Bank of England deputy governor Minouche Shafik is set to join Keir Starmer’s team as chief economic adviser.
In a boost to the prime minister’s office in the run-up to the autumn budget, Lady Shafik is expected to take on the role after a year heading a Foreign Office review of the government’s foreign aid spending.
A member of the House of Lords, Shafik resigned last year as the president of Columbia University after criticism of the treatment of Jewish students during anti-Isreal protests at the institution’s New York campus.
