UK Treasury Bolsters Business Expertise with New Appointments Amid Economic Challenges

The UK Treasury has appointed Sir Charlie Mayfield, former chair of John Lewis Partnership, alongside Edward Twiddy and Jenny Scott to inject fresh business acumen into policy decisions. The trio begins three-year terms on 1 September, tasked with addressing sluggish growth and fiscal pressures.

Mayfield brings decades of retail leadership experience, including navigating John Lewis through the digital transformation of commerce. His appointment signals a push to mend strained government-business relations. Twiddy adds fintech entrepreneurship to the mix, while Scott contributes central banking communications expertise.

The part-time roles require 24 annual working days, with compensation details undisclosed. Treasury officials emphasize the appointees' practical experience will inform critical economic strategies during a period of cooling business confidence.