Ed Balls is an economist and politician.
He was UK Shadow Chancellor from 2011 to 2015 and co-chaired the Inclusive Prosperity Commission with former US Treasury Secretary, Larry Summers, which reported in January 2015.
Ed served in the British Cabinet as Education Secretary (2007-2010). He was previously the UK Minister for Financial Services (2006-2007) and the Chief Economic Adviser to the UK Treasury (1997-2004), during which time he was the Chair of the IMFC Deputies and UK G20 Deputy.
Ed was the Labour & Co-operative Member of Parliament for Morley and Outwood (2010-2015) and MP for Normanton (2005-2010).
As Chief Economic Adviser to the Treasury (1997-2004), Ed led the design of policies including independence of the Bank of England, the New Deal jobs programme, the Five Tests Euro assessment, Sure Start, tax credits and the national minimum wage. As a Treasury Minister, he was commissioned by the G7 Finance Ministers to prepare a report with Sir Jon Cunliffe (now deputy Governor of the Bank of England) on Economic Aspects of the Israel-Palestine conflict.
At the Department for Children, Schools and Families, 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.
As Shadow Chancellor, Ed was awarded the Spectator Parliamentarian of the Year and the Political Studies Association Politician of the Year.
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 economics and philosophy at Keble College, Oxford, and economics and politics (MPA) at the John F Kennedy School of Government, Harvard.
Ed was a teaching fellow in the Department of Economics, Harvard (1989-90) and a leader writer and columnist at the Financial Times (1990-94) where he was the WINCOTT Young Financial Journalist of the Year. He has also written regularly for the Guardian, New Statesman and Tribune and co-authored a number of books, papers, articles and pamphlets.
Ed is married to Yvette Cooper MP. They have three children and live in London and Castleford. His interests include learning the piano, marathon running, cooking and playing football with his children. He is a member of the Privy Council.