Former Columbia University president Nemat ‘Minouche’ Shafik. Photo: Reuters
British prime minister Keir Starmer has appointed economist and former Columbia University president Minouche Shafik as his chief economic adviser. It is part of a staff shake-up aimed at strengthening his government’s response to a sluggish economy and a heated political debate over immigration.
Mr Starmer’s centre-left Labour Party government has struggled to boost economic growth and curb inflation, leaving Treasury chief Rachel Reeves facing unpalatable choices about taxes and spending in her budget this autumn.
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