Cameron calls in 'top talent' to economic committee

Conservative leader David Cameron today announced the establishment of an economic recovery committee to devise policies to help Britain out of recession.

Meeting fortnightly, the committee will bring together senior Shadow Cabinet members with figures from the worlds of finance, industry and business.



Mr Cameron said that it would act as an "executive committee" rather than an advisory body for the party.



Among the figures who have agreed to serve on the committee are Google chairman Eric Schmidt, Sir Christopher Gent - the former chief executive of Vodafone, and the former permanent secretary to the Treasury Sir Peter Middleton, who was responsible in 1976 for drawing up the paperwork for Britain's bailout by the International Monetary Fund.



Speaking at a press conference in London, the Tory leader said: "These are clearly extraordinary times. They are very difficult times for the British economy.



"I think it is important to look beyond Whitehall and Westminster and try to draw together the top talent available to help us come up with the right policies and the right answers for Britain's difficulties."



Mr Cameron said that the committee will include shadow cabinet members with economic responsibilities, including shadow chancellor George Osborne, shadow business secretary Kenneth Clarke, shadow innovation secretary David Willetts and shadow work and pensions secretary Theresa May.



Other members from outside politics will include Next chief executive Simon Wolfson, former Lloyds chairman Sir Brian Pitman, Gordon Brown's former City envoy Sir James Sassoon and former corporate executive Baroness Noakes.



Tory aides said the committee's remit will be to review and analyse the economic situation, both domestically and internationally; to discuss immediate policy proposals to deal with the current crisis; and to co-ordinate strategy for the long term reconstruction of Britain's economy.

Start your day with The Independent, sign up for daily news emails
Have you tried new the Independent Digital Edition apps?
News
ebooksAn unforgettable anthology of contemporary reportage
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

Recruitment Genius: Sales Executive - OTE £45,000

£18000 - £45000 per annum: Recruitment Genius: A Sales Executive is required t...

Recruitment Genius: Test Development Engineer

£35000 - £40000 per annum: Recruitment Genius: Are you inspired to bring new a...

Recruitment Genius: Trainee Motor Engineer

£14000 - £18000 per annum: Recruitment Genius: This is an exciting opportunity...

Recruitment Genius: Technical Administrator

£15000 - £18000 per annum: Recruitment Genius: This company are a world leadin...

Day In a Page

On your feet! Spending at least two hours a day standing reduces the risk of heart attacks, cancer and diabetes, according to new research

On your feet!

Spending half the day standing 'reduces risk of heart attacks and cancer'
Liverpool close in on Milner signing

Liverpool close in on Milner signing

Reds baulk at Christian Benteke £32.5m release clause
With scores of surgeries closing, what hope is there for the David Cameron's promise of 5,000 more GPs and a 24/7 NHS?

The big NHS question

Why are there so few new GPs when so many want to study medicine?
Big knickers are back: Thongs ain't what they used to be

Thongs ain't what they used to be

Big knickers are back
Thurston Moore interview

Thurston Moore interview

On living in London, Sonic Youth and musical memoirs
In full bloom

In full bloom

Floral print womenswear
From leading man to Elephant Man, Bradley Cooper is terrific

From leading man to Elephant Man

Bradley Cooper is terrific
In this the person to restore our trust in the banks?

In this the person to restore our trust in the banks?

Dame Colette Bowe - interview
When do the creative juices dry up?

When do the creative juices dry up?

David Lodge thinks he knows
The 'Cher moment' happening across fashion just now

Fashion's Cher moment

Ageing beauty will always be more classy than all that booty
Thousands of teenage girls enduring debilitating illnesses after routine school cancer vaccination

Health fears over school cancer jab

Shock new Freedom of Information figures show how thousands of girls have suffered serious symptoms after routine HPV injection
Fifa President Sepp Blatter warns his opponents: 'I forgive everyone, but I don't forget'

'I forgive everyone, but I don't forget'

Fifa president Sepp Blatter issues defiant warning to opponents
Extreme summer temperatures will soon cause deaths of up to 1,700 more Britons a year, says government report

Weather warning

Extreme summer temperatures will soon cause deaths of up to 1,700 more Britons a year, says government report
LSD: Speaking to volunteer users of the drug as trials get underway to see if it cures depression and addiction

High hopes for LSD

Meet the volunteer users helping to see if it cures depression and addiction
German soldier who died fighting for UK in Battle of Waterloo should be removed from museum display and given dignified funeral, say historians

Saving Private Brandt

A Belgian museum's display of the skeleton of a soldier killed at Waterloo prompts calls for him to be given a dignified funeral