Nicholas Ian Macpherson, Baron Macpherson of Earl's Court, (born 14 July 1959) is a former senior British

civil servant The civil service is a collective term for a sector of government composed mainly of career civil service personnel hired rather than elected, whose institutional tenure typically survives transitions of political leadership. A civil service offic ...

. He served as the Permanent Secretary to the Treasury from 2005 to 2016. Macpherson was Permanent Secretary to three Chancellors. He managed the department through the financial and wider economic crisis which began in 2007. Macpherson was nominated for a crossbench peerage in

David Cameron David William Donald Cameron, Baron Cameron of Chipping Norton (born 9 October 1966) is a British politician who served as Prime Minister of the United Kingdom from 2010 to 2016. Until 2015, he led the first coalition government in the UK s ...

's 2016 resignation Honours, and joined the House of Lords on 4 October 2016.

Early life

Macpherson was educated at Ashdown House and

Eton College Eton College ( ) is a Public school (United Kingdom), public school providing boarding school, boarding education for boys aged 13–18, in the small town of Eton, Berkshire, Eton, in Berkshire, in the United Kingdom. It has educated Prime Mini ...

.''

Who's Who A Who's Who (or Who Is Who) is a reference work consisting of biographical entries of notable people in a particular field. The oldest and best-known is the annual publication ''Who's Who (UK), Who's Who'', a reference work on contemporary promin ...

2010'', A & C Black, 2010, He later attended

Balliol College, Oxford Balliol College () is a constituent college of the University of Oxford. Founded in 1263 by nobleman John I de Balliol, it has a claim to be the oldest college in Oxford and the English-speaking world. With a governing body of a master and aro ...

(where he read Politics and Economics) and

University College London University College London (Trade name, branded as UCL) is a Public university, public research university in London, England. It is a Member institutions of the University of London, member institution of the Federal university, federal Uni ...

Career

Macpherson first worked as an economist at the CBI and Peat Marwick Consulting.

Treasury

Macpherson entered

HM Treasury His Majesty's Treasury (HM Treasury or HMT), and informally referred to as the Treasury, is the Government of the United Kingdom’s economic and finance ministry. The Treasury is responsible for public spending, financial services policy, Tax ...

in 1985. From 1993 to 1997, he was Principal Private Secretary to the

Chancellor of the Exchequer The chancellor of the exchequer, often abbreviated to chancellor, is a senior minister of the Crown within the Government of the United Kingdom, and the head of HM Treasury, His Majesty's Treasury. As one of the four Great Offices of State, t ...

; he oversaw the transition from

Kenneth Clarke Kenneth Harry Clarke, Baron Clarke of Nottingham (born 2 July 1940) is a British politician who served as Home Secretary from 1992 to 1993 and Chancellor of the Exchequer from 1993 to 1997. A member of the Conservative Party (UK), Conservative ...

Gordon Brown James Gordon Brown (born 20 February 1951) is a British politician who served as Prime Minister of the United Kingdom and Leader of the Labour Party (UK), Leader of the Labour Party from 2007 to 2010. Previously, he was Chancellor of the Ex ...

as Chancellor. From 1998 to 2001, he was Director of Welfare Reform. From 2001 to 2004, he was head of the Public Services Directorate, where he managed the 2000 and 2002 spending reviews. From 2004 to 2005 Macpherson managed the Budget and Public Finance Directorate, where he was responsible for tax policy and the budget process. Macpherson succeeded Sir Gus (now Lord) O'Donnell as Permanent Secretary of the Treasury, when the latter moved to be the

Cabinet Secretary A cabinet secretary is usually a senior official (typically a civil servant) who provides services and advice to a cabinet of ministers as part of the Cabinet Office. In many countries, the position can have considerably wider functions and powe ...

and Head of the Civil Service in 2005. Macpherson came to prominence during the 2014 Scottish independence referendum when he advised George Osborne against entering into a currency union with any Scottish independent state, which was contrary to initial

Scottish National Party The Scottish National Party (SNP; ) is a Scottish nationalist and social democratic party. The party holds 61 of the 129 seats in the Scottish Parliament, and holds 9 out of the 57 Scottish seats in the House of Commons of the United Kingdom, ...

plans. He stepped down from the Treasury on 31 March 2016.

Other positions

Macpherson was a visiting fellow at Nuffield College, Oxford, and is a visiting professor at

King's College London King's College London (informally King's or KCL) is a public university, public research university in London, England. King's was established by royal charter in 1829 under the patronage of George IV of the United Kingdom, King George IV ...

. Macpherson is Chairman of C. Hoare & Co and on the Board of British Land and the Scottish American Investment Trust.

Personal life

He is the father of Fred Macpherson, frontman and vocalist of indie rock band Spector.

Honours

Macpherson was appointed Knight Commander of the Order of the Bath (KCB) in the 2009 New Year Honours, and promoted to Knight Grand Cross of the same Order (GCB) in the 2015 Birthday Honours. Macpherson was nominated for a

life peer In the United Kingdom, life peers are appointed members of the peerage whose titles cannot be inherited, in contrast to hereditary peers. Life peers are appointed by the monarch on the advice of the prime minister. With the exception of the D ...

age in the 2016 Prime Minister's Resignation Honours and was created Baron Macpherson of Earl's Court, of Earl's Court in the

Royal Borough of Kensington and Chelsea The Royal Borough of Kensington and Chelsea (often known by its initialism as RBKC) is an Inner London, Inner London borough with Royal borough, royal status. It is the List of English districts by area, smallest borough in London and the secon ...

, on 4 October.

References

External links

BBC Radio 4 Profile
{{DEFAULTSORT:Macpherson, Nicholas 1959 births Living people British people of Dutch descent Crossbench life peers Knights Grand Cross of the Order of the Bath Permanent Secretaries of HM Treasury Private secretaries in the British Civil Service People educated at Ashdown House People educated at Eton College Alumni of Balliol College, Oxford Alumni of University College London Fellows of Nuffield College, Oxford Life peers created by Elizabeth II