Age, Biography and Wiki
David Miles was born on 6 October, 1959 in Swansea, United Kingdom, is a British economist. Discover David Miles's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 64 years old?
| Popular As |
N/A |
| Occupation |
N/A |
| Age |
64 years old |
| Zodiac Sign |
Libra |
| Born |
6 October 1959 |
| Birthday |
6 October |
| Birthplace |
Swansea, United Kingdom |
| Nationality |
United Kingdom
|
We recommend you to check the complete list of Famous People born on 6 October.
He is a member of famous economist with the age 64 years old group.
David Miles Height, Weight & Measurements
At 64 years old, David Miles height not available right now. We will update David Miles's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
| Family |
| Parents |
Not Available |
| Wife |
Not Available |
| Sibling |
Not Available |
| Children |
Not Available |
David Miles Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is David Miles worth at the age of 64 years old? David Miles’s income source is mostly from being a successful economist. He is from United Kingdom. We have estimated David Miles's net worth, money, salary, income, and assets.
| Net Worth in 2024 |
$1 Million - $5 Million |
| Salary in 2024 |
Under Review |
| Net Worth in 2023 |
Pending |
| Salary in 2023 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
economist |
David Miles Social Network
Timeline
David Kenneth Miles (born 1959 ) is a British economist.
Born in Swansea, he has spent his working life in London, in teaching, business and the public sector.
Miles was born in 1959, and was educated at the Bishop Gore School in Swansea, University College, Oxford, Nuffield College, Oxford, and the London School of Economics.
In 2003 Miles produced a report for the British Chancellor of the Exchequer to examine why the long-term fixed rate mortgage market is not as popular a product in Britain as in other countries.
His report states: "A great many borrowers focus on the initial cost of debt and do not seem to consider carefully how those payments might change relative to their incomes".
Much of Miles's academic research has focused on housing, pensions, monetary policy, asset pricing and ways to make the financial system more stable.
He is a professor at Imperial College London, and was Chief UK Economist of Morgan Stanley bank from October 2004 to May 2009.
From 2004 to 2009 Miles was Chief UK Economist of Morgan Stanley bank.
Miles predicted a substantial fall in real house prices in November 2006.
He was appointed to the Bank of England's interest-rate-setting Monetary Policy Committee (MPC) from 1 June 2009 to June 2012 and again from June 2012 to 31 August 2015, before being replaced by Gertjan Vlieghe.
According to the Bank of England, "As an economist he has focused on the interaction between financial markets and the wider economy.".
In 2009 he was asked, along with Gerald Holtham and Professor Berndt Spahn, to serve on a Commission established by the Welsh Assembly Government to investigate the scope for the Welsh Assembly to have greater fiscal autonomy.
From June 2009 to August 2015 Miles served on the Bank of England's Monetary Policy Committee.
The Holtham Commission reported in July 2010.
In 2011 he published a detailed study of the appropriate balance sheet structure of banks to avoid a repeat of the financial crisis ("Optimal Bank Capital").
He concluded that the Basel III agreements on capital requirements for banks set the standard for equity at only about half its appropriate level.
In 2012 he began a second term with the Monetary Policy Committee.
He was President of the economics section of the British Science Association (BSA) for 2015.
He was appointed Commander of the Order of the British Empire (CBE) in the 2016 New Year Honours for services to monetary policy.
In 2016 he was appointed by Her Majesty's Treasury to advise on the measurement and reporting of yields on UK government debt.
His report was completed in October 2016 and is being implemented.
He was Chair of the board of trustees of the Institute for Fiscal Studies until December 2021 when he took up his position at the OBR.
He is a trustee of the Centre for Economic Policy Research.
In December 2020 he was appointed to the main board ("The Commission") of the central Bank of Ireland.
He was appointed to the Budget Responsibility Committee of the Office for Budget Responsibility (OBR) in December 2021.
He took up that role in January 2022.
