Profile: Old Face Returns to New Duties As the Young Coalition Finds Its Feet

The ScotsmanMay 18, 2010

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Summary


THE man who oversaw one of the most disastrous chapters in recent government history has been brought back in to run the new Office for Budget Responsibility.

Sir Alan Budd was chief economist to the Treasury between 1991 and 1997 and was there when Britain crashed out of the European Exchange Rate Mechanism in 1992.

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Profile: Old Face Returns to New Duties As the Young Coalition Finds Its Feet

The events on the day which became known as Black Wednesday ended confidence ...

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