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Rupert Harrison CBE (born 1 November 1978) is a British economist and a portfolio manager at
BlackRock BlackRock, Inc. is an American Multinational corporation, multinational investment company. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager ...
. He was from 2006 to 2015 the chief of staff to George Osborne, the British
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 ...
, and chair of the Council of Economic Advisers in the UK Treasury. He is currently a member of the Economic Advisory Council convened by
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 ...
,
Jeremy Hunt Sir Jeremy Richard Streynsham Hunt (born 1 November 1966) is a British politician who served as Chancellor of the Exchequer from 2022 to 2024 and Foreign Secretary from 2018 to 2019, having previously served as Secretary of State for Health a ...
. In June 2023, he was selected as the Conservative Party candidate for the Bicester & Woodstock constituency at the 2024 general election.


Early life and education

Born in
São Paulo São Paulo (; ; Portuguese for 'Paul the Apostle, Saint Paul') is the capital of the São Paulo (state), state of São Paulo, as well as the List of cities in Brazil by population, most populous city in Brazil, the List of largest cities in the ...
, Harrison is the youngest son of a bank manager and a French teacher. He won a scholarship to
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 ...
(where he was Captain of School). He then went to Magdalen College,
Oxford University The University of Oxford is a collegiate research university in Oxford, England. There is evidence of teaching as early as 1096, making it the oldest university in the English-speaking world and the second-oldest continuously operating u ...
where he initially studied Physics, but then switched to
Philosophy, Politics and Economics Philosophy, politics and economics, or politics, philosophy and economics (PPE), is an interdisciplinary undergraduate or postgraduate academic degree, degree which combines study from three disciplines. The first institution to offer degrees in P ...
, graduating with first-class honours. One of his tutors at Oxford was Stewart Wood, who went on to become an adviser to both
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 ...
and
Ed Miliband Edward Samuel Miliband (born 24 December 1969) is a British politician who has served as Secretary of State for Energy Security and Net Zero since July 2024. He has been Member of Parliament (United Kingdom), Member of Parliament (MP) for D ...
, and the two apparently remained friends. In 2007 he obtained a
PhD A Doctor of Philosophy (PhD, DPhil; or ) is a terminal degree that usually denotes the highest level of academic achievement in a given discipline and is awarded following a course of graduate study and original research. The name of the deg ...
degree in Economics from
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 ...
with a thesis entitled, ''Innovation and technology adoption'' and his academic research was published in the ''
American Economic Review The ''American Economic Review'' is a monthly peer-reviewed academic journal first published by the American Economic Association in 1911. The current editor-in-chief is Erzo FP Luttmer, a professor of economics at Dartmouth College. The journal is ...
'', the '' Economic Journal'' and the ''
Review of Economics and Statistics ''The Review of Economics and Statistics'' is a peer-reviewed academic journal that covers applied economics, with specific relevance to the scope of econometrics. The editors-in-chief are Will Dobbie (Harvard University) and Raymond Fisman (Bost ...
'' amongst others.


Career

From 2002, Harrison worked at the
Institute for Fiscal Studies The Institute for Fiscal Studies (IFS) is an independent economic research institute based in London, United Kingdom, which specialises in UK taxation and public policy. It produces both academic and policy-related findings. The institute's ...
as Senior Research Economist. From 2006-2010 he was chief economic advisor to the then Leader of the Opposition David Cameron and Shadow Chancellor George Osborne. From 2010 to 2015 he was chief of staff to UK Chancellor of the Exchequer, George Osborne, and chair of the UK’s Council of Economic Advisors. In August 2015 Harrison joined the investment firm
BlackRock BlackRock, Inc. is an American Multinational corporation, multinational investment company. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager ...
where he is a portfolio manager and chief macro strategist for multi-asset strategies. Harrison has written opinion pieces for the ''
Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
'' and has regularly appeared as a commentator on TV and radio. Harrison was appointed as a member of the government's Economic Advisory Council by Chancellor
Jeremy Hunt Sir Jeremy Richard Streynsham Hunt (born 1 November 1966) is a British politician who served as Chancellor of the Exchequer from 2022 to 2024 and Foreign Secretary from 2018 to 2019, having previously served as Secretary of State for Health a ...
in 2022. In June 2023 he was selected to stand as the Conservative candidate for the constituency of Bicester and Woodstock in the 2024 general election. but he was not elected.


Views on Brexit

Harrison believes
Brexit Brexit (, a portmanteau of "Britain" and "Exit") was the Withdrawal from the European Union, withdrawal of the United Kingdom (UK) from the European Union (EU). Brexit officially took place at 23:00 GMT on 31 January 2020 (00:00 1 February ...
damages the UK economy. In 2017 he wrote, "Q2 growth of 0.3% is not the end of the world, and I'm less gloomy than many on the outlook. But the rest of Europe is booming and we're not".


Recognition

In 2014 Harrison was said to be one of the most powerful people in the UK and to be the main reason why Osborne could be a "part time" Chancellor. In March 2014, he was the subject of the
BBC Radio 4 BBC Radio 4 is a British national radio station owned and operated by the BBC. The station replaced the BBC Home Service on 30 September 1967 and broadcasts a wide variety of spoken-word programmes from the BBC's headquarters at Broadcasti ...
Profile programme. Harrison was appointed a
Commander of the Order of the British Empire The Most Excellent Order of the British Empire is a British order of chivalry, rewarding valuable service in a wide range of useful activities. It comprises five classes of awards across both civil and military divisions, the most senior two o ...
(CBE) in the 2015 Dissolution Honours Lists on 27 August 2015.


Personal life

In his first year at Oxford he was in a band called ''Psychid'' with three other students. In 2004, he married Jo Orpin, a Magdalen contemporary who has worked as a divorce lawyer and family therapist. Since January 2017 he has been a Trustee of The Fore, a charity dedicated to funding small charities and social enterprises.


References

{{DEFAULTSORT:Harrison, Rupert 1978 births Living people People educated at Eton College Alumni of University College London Alumni of Magdalen College, Oxford British special advisers Commanders of the Order of the British Empire BlackRock people