Sarah Elizabeth Mary Hogg, Viscountess Hailsham, Baroness Hogg (; born 14 May 1946), is a British economist, journalist, and politician. She was the first woman to chair a
FTSE 100
The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is the United Kingdom's best-known stock market index of the 100 most market capitalisation, highly capitalised ...
company.
Early life and education
Sarah Elizabeth Mary Boyd-Carpenter was born on 14 May 1946.
Her father was
John Boyd-Carpenter
John Archibald Boyd-Carpenter, Baron Boyd-Carpenter, PC, DL (2 June 1908 – 11 July 1998) was a British Conservative politician. He was the Member of Parliament for Kingston-upon-Thames from 1945 to 1972, when he was made a life peer. He ser ...
(later Baron Boyd-Carpenter), who served as
Chief Secretary to the Treasury
The Chief Secretary to the Treasury is a senior ministerial office in the government of the United Kingdom and is the second most senior ministerial office in HM Treasury, after the Chancellor of the Exchequer. The office holder is always a full ...
and
Paymaster General
His Majesty's Paymaster General or HM Paymaster General is a ministerial position in the Cabinet Office of the United Kingdom. The position is currently held by Nick Thomas-Symonds of the Labour Party (UK), Labour Party.
History
The post was ...
from 1962 to 1964. She attended
Miss Ironside's School in Kensington.
She then went to the Roman Catholic girls' boarding school
St Mary's School Ascot. Later she attended
Lady Margaret Hall at the
University of Oxford
The University of Oxford is a collegiate university, 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 List of oldest un ...
where she read
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 ...
(PPE). While at Oxford, she edited the student newspaper ''
Cherwell''.
Career
Journalism
Hogg was an economics editor for ''
The Independent
''The Independent'' is a British online newspaper. It was established in 1986 as a national morning printed paper. Nicknamed the ''Indy'', it began as a broadsheet and changed to tabloid format in 2003. The last printed edition was publis ...
''. She was also an early presenter of ''
Channel 4 News
''Channel 4 News'' is the main news programme on British television broadcaster Channel 4. It is produced by ITN, and has been in operation since Channel 4's launch in November 1982.
Current productions ''Channel 4 News''
''Channel 4 News'' ...
'', but her voice, with its uncertainty of pitch, was felt by many viewers to be a distraction. At this time she portrayed
Margaret Thatcher
Margaret Hilda Thatcher, Baroness Thatcher (; 13 October 19258 April 2013), was a British stateswoman who served as Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party (UK), Leader of th ...
in a television docudrama of negotiations between the UK and Irish governments.
Politics
Hogg was the head of the Prime Minister's Policy Unit for
Sir John Major.
With
Jonathan Hopkin Hill, she wrote about the Major years in her book ''Too Close to Call''.
On 3 February 1995, she was created 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 ...
as ''Baroness Hogg, of Kettlethorpe, in the county of Lincolnshire''. She was as a
Conservative
Conservatism is a cultural, social, and political philosophy and ideology that seeks to promote and preserve traditional institutions, customs, and values. The central tenets of conservatism may vary in relation to the culture and civiliza ...
member of the
House of Lords
The House of Lords is the upper house of the Parliament of the United Kingdom. Like the lower house, the House of Commons of the United Kingdom, House of Commons, it meets in the Palace of Westminster in London, England. One of the oldest ext ...
until May 2010 and thereafter has sat as a
crossbench
A crossbencher is a minor party or independent politician, independent member of some legislatures, such as the Parliament of Australia. In the British House of Lords the term refers to members of the parliamentary group of non-political peers. ...
er.
Business
As Chairman of
3i Group from 2002, she became the first woman to chair a
FTSE 100
The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is the United Kingdom's best-known stock market index of the 100 most market capitalisation, highly capitalised ...
company.
In 2010 she was appointed the Chairman of the
Financial Reporting Council
The Financial Reporting Council (FRC) is an independent regulator in the UK and Ireland based in London Wall in the City of London, responsible for regulating auditors, accountants and actuaries, and setting the UK's Corporate Governance and ...
. She is also the chairman of Frontier Economics Limited.
[ Other current and former board memberships include the ]Financial Conduct Authority
The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom. It operates independently of the UK Government and is financed by charging fees to members of the financial services industry. The FCA regulates financi ...
, BG Group
BG Group plc was a British multinational oil and gas company headquartered in Reading, United Kingdom. On 8 April 2015, Royal Dutch Shell announced that it had reached an agreement to acquire BG Group for $70 billion, subject to regulatory an ...
, the BBC
The British Broadcasting Corporation (BBC) is a British public service broadcaster headquartered at Broadcasting House in London, England. Originally established in 1922 as the British Broadcasting Company, it evolved into its current sta ...
, P&O Cruises
P&O Cruises is a British cruise line based at Carnival House in Southampton, England, operated by Carnival Corporation & plc#Carnival UK, Carnival UK and owned by Carnival Corporation & plc. It was originally a subsidiary of the freight transp ...
, P&O Princess
P&O Princess Cruises plc was a shipping company that existed between 2000 and 2003, operating the P&O Cruises, Princess Cruises, P&O Cruises Australia, A'Rosa Cruises, AIDA Cruises and Ocean Village branded cruise lines. The company was f ...
, 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 ...
.
Personal life
Hogg married Douglas Hogg in 1968. They have a son and a daughter.
* Hon. Charlotte Mary Hogg (born 26 August 1970), previously in charge of retail operations at Santander UK
Santander UK plc (, ) is a British bank, wholly owned by Banco Santander, a Spanish bank. Santander UK plc manages its affairs autonomously, with its own local management team, responsible solely for its performance.
Santander UK is one of th ...
, in 2013 she was appointed first Chief Operating Officer at the Bank of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the Kingdom of England, English Government's banker and debt manager, and still one ...
, under Governor
A governor is an politician, administrative leader and head of a polity or Region#Political regions, political region, in some cases, such as governor-general, governors-general, as the head of a state's official representative. Depending on the ...
Mark Carney
Mark Joseph Carney (born March 16, 1965) is a Canadian politician and economist who has served as the 24th and current Prime Minister of Canada, prime minister of Canada since 2025. He has served as Leader of the Liberal Party of Canada, lead ...
, and from March 2017, she served briefly as Deputy Governor (Markets and Banking) before resigning from both positions for failure to declare that her brother was employed in the banking industry.
* Hon. Quintin John Neil Martin Hogg (born 12 October 1973), heir apparent
An heir apparent is a person who is first in the order of succession and cannot be displaced from inheriting by the birth of another person. A person who is first in the current order of succession but could be displaced by the birth of a more e ...
to the viscountcy
Through her marriage, Hogg has been titled ''Viscountess Hailsham'' since her husband's succession to his hereditary peer
The hereditary peers form part of the peerage in the United Kingdom. As of April 2025, there are 800 hereditary peers: 30 dukes (including six royal dukes), 34 marquesses, 189 earls, 108 viscounts, and 439 barons (not counting subsidiary ...
age in 2001, and ''Baroness Hailsham of Kettlethorpe'' since his own creation as a life peer in 2015. She sits in the House of Lords under her ''suo jure
''Suo jure'' is a Latin phrase, used in English to mean 'in his own right' or 'in her own right'. In most nobility-related contexts, it means 'in her own right', since in those situations the phrase is normally used of women; in practice, especi ...
'' title, ''Baroness Hogg''.
Other activities
She is a trustee of the school where she was educated and also a trustee of the charitable Trusthouse Foundation.
Bibliography
*''Too Close to Call: John Major, Power and Politics in No.10'' by Sarah Hogg & Jonathan Hill, Little, Brown (1995),
References
External links
Baroness Hogg
TheyWorkForYou
TheyWorkForYou is a parliamentary monitoring website operated by mySociety which aims to make it easier for UK citizens to understand what is going on in Westminster, as well as the Scottish Parliament, the Senedd and the Northern Ireland Assem ...
Profile: Baroness Hogg, FRC chairman
'' Accountancy Age'', 23 September 2010
Channel 4 News’ first ever transmission from 1982 featuring Hogg
Channel 4 News
''Channel 4 News'' is the main news programme on British television broadcaster Channel 4. It is produced by ITN, and has been in operation since Channel 4's launch in November 1982.
Current productions ''Channel 4 News''
''Channel 4 News'' ...
{{DEFAULTSORT:Hailsham, Sarah Hogg, Viscountess
1946 births
3i Group people
Alumni of Lady Margaret Hall, Oxford
BBC governors
British chairpersons of corporations
English business executives
English economists
British women economists
English journalists
British viscountesses
21st-century British businesswomen
Hogg
Hogg
Daughters of life peers
Fellows of Lady Margaret Hall, Oxford
Hogg
Hogg
ITN newsreaders and journalists
Living people
People educated at St Mary's School, Ascot
Place of birth missing (living people)
Women business executives
Sarah
Sarah (born Sarai) is a biblical matriarch, prophet, and major figure in Abrahamic religions. While different Abrahamic faiths portray her differently, Judaism, Christianity, and Islam all depict her character similarly, as that of a pious woma ...
Sarah
Sarah (born Sarai) is a biblical matriarch, prophet, and major figure in Abrahamic religions. While different Abrahamic faiths portray her differently, Judaism, Christianity, and Islam all depict her character similarly, as that of a pious woma ...
British women television journalists
Hailsham of Kettlethorpe
Hogg