The Treasury Select Committee has today approved the appointment of Prof. David Miles CBE to the Budget Responsibility Committee, following a hearing before MPs on 15 December.

David will formally begin his appointment in January, replacing Prof Sir. Charlie Bean who steps down at the end of this year.

We thank Prof Sir Charlie Bean for his service on the Committee. His expertise, wisdom, and support have been invaluable to the OBR over the last five eventful years. We have been extraordinarily fortunate to have been waypoint on his 40-year journey in public service.

Read the Treasury select committee report announcing the appointment.