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The Credit Crunch - What happened and where next?

LSESU Economics Society public lecture

Date: Monday 16 March 2009
Time: 6.30pm
Venue: Old Theatre, Old Building
Speaker: Rachel Lomax

Rachel Lomax will reflect on the global economic crisis and give her view on what has happened and where the economy may be heading next.

Rachel Lomax is a British economist and government official who served as Deputy Governor of the Bank of England from 2003 until June. Before joining the Bank, between 1999 and 2002 she was Permanent Secretary at the Department for Transport. She was a Vice President and Chief of Staff to the President of the World Bank in 1995-6 and Head of the Economic and Domestic Secretariat at the Cabinet Office in 1994. In 2008 she was appointed as a non-executive director of HSBC. The National Council for Voluntary Organisations recently launched a commission to investigate future charity funding, headed by Rachel Lomax.

Rachel Lomax graduated from Girton College, Cambridge with an MA, and obtained an MSc in Economics from the London School of Economics and Political Science. Her earlier career was spent at HM Treasury, which she joined in 1968 and where she worked on a wide range of macroeconomic, monetary, and financial issues. She was Principal Private Secretary to the Chancellor of the Exchequer in the mid 1980s, and Deputy Chief Economic Adviser in the early 1990s gaining responsibility for financial regulation and city affairs in 1992. She is a non executive director of The Scottish American Investment Company and is on the Board of the Royal National Theatre and of De Montfort University.

This event is free and open to all with no ticket required. Entry is on a first come, first served basis. For more information, email r.rabheru@lse.ac.uk

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