Commenting on the launch of the Kerslake Review into the current role, responsibilities and operating mandate of HM Treasury, commissioned by Shadow Chancellor, John McDonnell MP, Lord Bob Kerslake former Head of the Civil Service, said:

 “I am delighted that my Review will be overseen by the Panel announced today.  They bring a collective wealth of experience that will ensure we are equipped to cover the ground thoroughly and assess what I hope will be a wide range of evidence. 

“We are issuing our general call for evidence today and I will be inviting contributions from a wide range of sources including business, local government and former Chancellors and Chief Secretaries. I look forward to receiving responses from everyone who feels they have a contribution to make.

 “I am pleased to have had a number of discussions already with important contributors, for example accountancy bodies such as CIPFA and ICAEW and constitution experts, such as the Institute for Government.”

 Welcoming the launch, the Shadow Chancellor, John McDonnell, said:

 “The next Labour government needs to be confident that the major institutions that are charged with managing our economy and public finances are fit for purpose, and to consider how they can be made more effective is delivering fair and sustained economic growth and prosperity. I invited Lord Kerslake, former Head of the Civil Service, to bring together a team to review the operation of the Treasury itself and am delighted that the review is being launched today with an impressive panel of economic and financial experts under Bob’s leadership.“