New economic adviser
Archer succeeds Item’s Spencer and Adams
Dr Howard Archer (pictured) succeeds Peter Spencer who retires after 19 years and also assumes the same role for the Scottish ITEM Club, succeeding Dougie Adams, who retires after 14 years.
Mr Spencer will continue as the professor of economics and finance at the University of York.
Dr Archer has more than 30 years of experience in economic analysis and forecasting. He joins the EY Item Club from IHS Markit, where he was chief European and UK economist for nearly 17 years.
He was previously chief European economist of Standard & Poor’s DRI. Prior to joining DRI, he was a senior economist and manager in NatWest Group’s market intelligence department, which he joined in 1987.
Mark Gregory, EY’s chief economist, said: “Dougie Adams and Peter Spencer have taken the EY ITEM Club and EY Scottish ITEM Club from strength to strength. The forecasts have successfully navigated and analysed the impact of several changes in government and a global financial crisis during their time as economic advisors.
“I’d like to take this opportunity to thank them both for their dedicated service. Howard brings deep knowledge of the UK and global economy that I am sure will benefit both the EY ITEM Club and EY Scottish ITEM Club immensely. I’d like to welcome him to the team and I look forward to working with him.”