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Economists and MPs meet to discuss urgent solutions to UK's unprecedented fiscal pressures

14 January 2026

Senior economists from the Department of Economics and Labour MPs met this week to explore evidence-based strategies to support long-term growth and fiscal stability in the UK. The session, hosted through Oxford Elevate, focused on the urgent need for a comprehensive, credible fiscal strategy.

The discussion brought together MPs and senior parliamentary staff with three leading economists:

  • Paul Johnson CBE: Provost of The Queen's College and former Director of the Institute for Fiscal Studies.
  • Michael McMahon: Professor of Economics at Oxford and specialist in macroeconomic policy and fiscal institutions.
  • Tony Venables CBE: Senior Research Fellow at Oxford, President-Elect of the Royal Economic Society and a leading authority on productivity, spatial economics, and international trade.
See more on economics.ox.ac.uk