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Investec economist to provide overview of UK coalition


Mr Shaw will be discussing the first 12 months of the UK coalition government and providing delegates with an opportunity to review what has happened in the UK and global economies since May 2010. He will also look at the austerity measures introduced in the coalition government’s first budget and how these could impact offshore financial centres such as Jersey.

Mr Shaw is regularly interviewed on television and frequently quoted in the national and regional press on economic issues and is a regular commentator on the state of the economy and generally on business.

‘The Channel Islands are by no means exempt from the impact of the deficit and spending cuts brought about by the coalition government when it announced its first budget in August 2010. At the breakfast seminar next month, I hope to provide clarity about what has happened in the UK and global economies since the takeover, and the effect this will have on financial services operators in Jersey,’ he said.

Mr Shaw began his career with in Investec Private Bank in 1997 in London and covers both UK and global economic issues. He has devoted much of his time to working in Investec’s Capital Markets area but has been part of the Investec Securities’ team for the past seven years.

Before joining Investec Private Bank, 49-year-old Mr Shaw, who is married with two children, was chief economist at Union Discount where he gained particular expertise in interest rate markets and central bank watching. He started his career with The Government Economic Service and then worked for Barclays as an economist. He has an economics degree from the University of Bath and a Masters degree in econometrics from the University of Manchester.