Launch and panel discussion: The Chancellors: Steering the British Economy in Crisis Times

The Chancellors examines how the Treasury has been able to fight off attempts by Prime Ministers, from Blair to Johnson, to cut it down to size. Based on in-depth interviews with the Chancellors and key senior officials, it gives the insiders’ view of exactly how the Treasury has been able to dominate policy-making for 25 turbulent years, a period that spans the global financial crisis, austerity, the Scottish referendum, Brexit and the pandemic. Faced with a stuttering economy, can the Treasury continue to exercise such remarkable influence? 


  • Howard Davies (Chairman of the NatWest Group and former director of the LSE)
  • Alistair Darling (Lord Darling of Roulanish, Chancellor of the Exchequer, 2007-2010)
  • Philip Hammond (Lord Hammond of Runnymede, Chancellor of the Exchequer, 2016-2019)
  • Clare Lombardelli (Chief Economic Advisor at the Treasury and Joint-Head of the Government Economic Service)
  • Jill Rutter (Senior Research Fellow: UK in a Changing Europe)
  • Duncan Needham (Darwin College, Cambridge)

Chair: Philip Murphy (History & Policy)

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