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Over the pandemic, the Treasury has spent hundreds of billions of pounds, from paying wages via the furlough scheme to funding the testing program.
But how does decision-making work at the Treasury? What kinds of evidence do officials use? And as we hopefully exit the pandemic, what will be on the minds of those working there?
This week Paul speaks to Jill Rutter, senior research fellow of UK in a Changing Europe, and a former employee of the Treasury and Lord Nick Macpherson, Permanent Secretary to the Treasury from 2005 to 2016.
Host
Paul Johnson
Paul has been the Director of the IFS since 2011. He is also currently visiting professor in the Department of Economics at University College London.
Participants
Jill Rutter
Jill directed the Institute for Government's work on better policy making and arm’s-length government, and Brexit. She is an experienced former senior civil servant, having worked in HM Treasury, Number 10 and Department for Environment, Food and Rural Affairs (Defra).
Sir Nicholas Macpherson
Nick Macpherson is a former senior British civil servant. He served as the Permanent Secretary to the Treasury from 2005 to 2016. Macpherson was Permanent Secretary to three Chancellors.
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