View more on these topics

HMT promotes financial services chief Roxburgh to replace Kingman

HM Treasury Boardroom Head And Shoulder Shots - Wed 24 Feb 2016

Charles Roxburgh has been appointed to the Treasury’s second most senior civil servant role to replace new L&G chair John Kingman.

Roxburgh is promoted from director general of financial services – a post he has held since 2013 – to second permanent secretary.

He will be responsible for the Treasury’s economics function and have responsibility for overseeing “the growth, financial services and infrastructures agendas in the Treasury”.

Prior to the Treasury he worked in the private sector for 25 years, including as senior partner at McKinsey.

He was also one of the UK’s representatives on the financial stability board and represented the Treasury on the Bank of England’s financial policy committee.

Roxburgh takes up his role from today alongside new permanent secretary Tom Scholar who moves across from the cabinet office where he was the Prime Minister’s adviser for European and global issues.

Recommended

Mark Barnett: Tobacco sector will face up to its challenges

Following the initial reaction to the outcome of the EU referendum, the UK stockmarket will remain influenced by a muted macro backdrop globally and an increased pressure on profitability in the corporate sector. The global economy faces an ongoing lack of pricing power, which has restrained the level of turnover growth in many industries. Against […]

General-Business-Handshake-Hire-Appointment-700x450.jpg

1825 establishes north west base with latest acquisition

Standard Life-owned consolidator 1825 has acquired Crewe-based advice firm Jones Sheridan for an undisclosed sum. Following the deal 1825 will establish a North West regional office with 30 employees including seven advisers and four paraplanners. Jones Sheridan managing director David Williams and chairman Stuart Banks will stay on, with Williams joining 1825’s executive committee. After […]

George-Osborne-sips-from-coffee-cup-700.jpg

Osborne abandons 2020 budget surplus target after EU vote

The Chancellor George Osborne appears to have abandoned his target of turning the UK’s budget deficit into a surplus by 2020. In a speech today Osborne said the UK must be “realistic about achieving a surplus by the end of the decade”, reports the BBC. The drive to reach a surplus has been the justification […]

Global equities: time to de-risk?

While equity valuations have doubled since the financial crisis, Simon Edelsten explains that there are still pockets of value. But not where you might think Macro-economic uncertainty is causing turbulence in equity markets. Artemis Global Select Fund manager Simon Edelsten says his investment themes are taking him in a different direction to some of his peers – away […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com