Ed Balls
Edward Balls (born 25 February 1967) is a British economist, former Labour politician, and broadcaster who played a central role in shaping economic policy during the New Labour governments.[1][2] Balls served as Chief Economic Adviser to HM Treasury from 1999 to 2004, contributing to policies such as the independence of the Bank of England and the introduction of fiscal rules aimed at balancing current budgets over the economic cycle.[3] He entered Parliament as the Labour MP for Normanton in 2005, later representing Morley and Outwood from 2010 until his defeat in the 2015 general election. During his tenure, he held cabinet posts including Secretary of State for Children, Schools and Families from 2007 to 2010, where he oversaw expansions in education funding and initiatives like the Building Schools for the Future programme, and served as Shadow Chancellor of the Exchequer from 2011 to 2015, advocating for deficit reduction through growth rather than austerity.[4][1][5] Following his electoral loss, Balls pivoted to media and academia, gaining public recognition for his participation in the 2016 series of Strictly Come Dancing, which highlighted his shift from policy heavyweight to entertainment figure. He now co-hosts ITV's Good Morning Britain, presents the Political Currency podcast, holds a professorship in Political Economy at King's College London, and serves as a Research Fellow at Harvard Kennedy School, while co-chairing the UK Holocaust Memorial Foundation.[1][6] His career reflects a blend of technocratic influence in fiscal and monetary policy-making and subsequent public-facing roles, amid critiques of Labour's pre-2008 spending commitments that contributed to elevated public debt levels exposed by the global financial crisis.[3][5]