profile image

Ed Balls

Shadow Chancellor of the Exchequer

Ed Balls is the Labour & Co-operative MP for Morley and Outwood and Shadow Chancellor.

He was previously MP for Normanton (2005-2010) and Labour's Shadow Home Secretary (2010-11), Secretary of State for Children, Schools and Families (2007-2010) and Economic Secretary to the Treasury (2006-2007).

Ed brought together schools and children's policy for the first time in the Children's Plan and pushed through radical and progressive policies including raising the education and training age to 18, reform of the social work profession, establishing the support staff negotiating body and extra investment in youth services and short breaks for disabled children and their families.

In opposition (1994-1997) and then as chief economic adviser to the Treasury (1997-2004) Ed worked on policies including independence of the Bank of England, the windfall tax and New Deal jobs programme, Sure Start, tax credits and the national minimum wage.

Ed is proud to be a member of Unite, Unison and the Co-operative Party. Born in Norwich in 1967, his family moved to Nottingham when Ed was 8. He attended Crossdale Drive primary school and then Nottingham High School. Ed went on to study at Keble College, Oxford, and the John F Kennedy School of Government, Harvard.

Ed has been a teaching fellow in the Department of Economics, Harvard (1989-90) and a columnist for the Financial Times, Guardian, New Statesman and Tribune. Ed is married to Yvette Cooper MP. They have three children - Ellie, Joe and Maddy - and live in Castleford. His interests include music, cooking and playing football with his children.

Traditional Right-of-Centre Economics Will Not Turn the Tide of Stagnating Wages and Rising Inequality

Delivering stronger economic growth and sustained rises in living standards for all working people is the economic policy challenge for our generation. A new progressive policy agenda is needed to achieve this. And it won't come by either turning our backs on the world economy, or hoping that traditional right-of-centre economics - laissez-faire, trickle-down, deregulation - is going to turn the tide of stagnating wages and rising inequality. That's the conclusion of the Commission on Inclusive Prosperity, which I have co-chaired with former US Treasury Secretary Larry Summers and reports today.
15/01/2015 09:03 GMT

Britain Needs a Strong Economy Everyone Can Benefit From

There are clearly lessons that Britain can learn from America, where President Obama has used fiscal policy to secure rather than strangle economic recovery. Since the autumn of 2010, the US has grown a staggering four times faster than the UK.
24/07/2013 12:57 BST

We Need Action to End the Era of Tax Secrecy

The government is failing to show the leadership we need. It talks about putting tax avoidance on the agenda of the G8 but is not coming forward with concrete proposals. And it is undermining the ability of HMRC to administer and collect the tax, by cutting its resources too far and too fast.
13/01/2013 14:43 GMT

Time for Urgent Action to Tackle Tax Avoidance

When times are tough for families and businesses, and the government is cutting spending and raising taxes, the public are rightly demanding to know whether everybody is contributing their fair share.
24/11/2012 22:01 GMT

Business Wants Action Not Excuses From the Government

Rather than trying to use the strikes to distract attention, the Chancellor must make the right choice in the autumn statement. He can plough on regardless with a plan that is hurting, but not working to get the deficit down. Or he can stop blaming everybody else for his own mistakes and change course.
19/11/2011 22:05 GMT