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Ian McCafferty

Professor Ian McCafferty

Visiting Professor


Ian McCafferty was a member of the Monetary Policy Committee at the Bank of England from September 2012 until August 2018. Prior to his appointment, he had been Chief Economic Adviser to the CBI since September 2001.

He joined the CBI from BP, where he was Head of Macroeconomics. Previously, he spent ten years in the City, as Chief International Economist for both Natwest Markets and Baring Securities. Earlier in his career, he had worked for the CBI as Head of Economic Trends, following spells at The Economist newspaper and the International Chamber of Commerce, in Paris.


He is currently Senior Adviser to Oxford Economics and a member of the Investment Committee of London Wall Partners. He has previously been a member of the advisory boards to the UK Innovation Research Centre, run by the University of Cambridge and Imperial College, London, of the Centre for Business Research at the University of Cambridge, and of the International Economics Programme, Royal Institute for International Affairs (Chatham House). He is a Fellow of the Society of Professional Economists.

Ian McCafferty graduated from Durham University, and did his postgraduate work at the University of Amsterdam, culminating in the equivalent of an M.A. He was awarded an honorary doctorate in Economics by the Nottingham Trent University in 2012.