Chief Executive, UK Office of Rail Regulation
After gaining his MSc in Economics in 198, Richard spent four years at HM Treasury, before leaving to work as a consultant for NERA Economic Consulting, where he advised businesses and governments on the economic regulation of large infrastructure projects and utilities. In 1997 he returned to the Treasury as a senior policy adviser before moving to the Home Office as Chief Economist and then Strategy Adviser to the Permanent Secretary, working among other things on the funding and performance framework for the police. Richard was also a project director at the Prime Minister’s Performance and Innovation Unit in 2000-01.
Between 2002 and 2006 Richard led the Treasury’s Enterprise and Business team, working on the development of industry and enterprise policy to drive UK economic growth, this included putting government support for businesses on a more commercial basis. Richard was closely involved in the Hampton Review which led to the rationalisation of the regulatory framework for business in the UK.
Most recently he has worked at Defra in the dual posts of Chief Economist and Director of Corporate Performance, where he led a group of 230 staff. At Defra, Richard designed and implemented major changes in Defra’s organisation, delivery and strategy. He therefore has an enviable background - regulation; advising government at the highest levels; private sector; and spearheading transformational change.