Will Hutton

Boards keep being told the rules of the global economy have changed. They are not always told which rules, in what order, and what to do about it. The gap between everyday political-economic noise and the structural shifts that actually move capital, regulation and competitive position is where senior decisions are now being made badly.

Will Hutton is a political economist, author and Observer columnist who helps boards and leadership teams make sense of how the British, European and global economies are being reshaped, and what that means for corporate strategy and governance.

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Why organisations work with Will Hutton

  • Three decades of macro-economic analysis tested in public, from The State We’re In in 1995 through This Time No Mistakes in 2024, so the framework is not a recent rebrand.
  • A working seat inside the institutions that shape British policy: the Hutton Review of Fair Pay in the Public Sector, the Commission on Creative Industries, the EU Kok Commission, and the National Institute for Economic and Social Research.
  • A genuinely structural argument on corporate purpose through The Purposeful Company, used by boards rethinking governance, executive pay and stakeholder accountability.
  • Editorial and broadcast judgement built over years as Editor-in-Chief of The Observer and Economics Editor at Newsnight, which makes him unusually clear on which economic stories matter and which do not.
  • Equally credible on China, Europe and the United States, so a board worrying about exposure across all three gets one coherent analysis rather than three partial ones.

Biography highlights

  • President of the Academy of Social Sciences.
  • Principal of Hertford College, Oxford, 2011 to 2020.
  • Co-chair of The Purposeful Company; co-founder and chair of the Big Innovation Centre.
  • Former Chief Executive of The Work Foundation; former Editor-in-Chief of The Observer; former Economics Editor of BBC Newsnight and The Guardian.
  • Author of seven books on political economy, including The State We’re In (1995) and This Time No Mistakes: How to Remake Britain (2024).
  • Chair of the Hutton Review of Fair Pay in the Public Sector (2010 to 2011) and the Commission on Creative Industries (2007); rapporteur to the EU Kok Commission (2004).

Biography

The State We’re In sold more copies than any British political-economy book since 1945. It set the terms of a debate, on short-termism, on the costs of financialised capitalism, on what serious institutional reform would look like, that the country has been having ever since. Thirty years later, This Time No Mistakes: How to Remake Britain returns to the same argument under new conditions and was reviewed in the Financial Times, the LSE Review of Books and the Literary Review.

What sits behind both books is an unusually wide working footprint. Hutton has been Editor-in-Chief of The Observer, Economics Editor at Newsnight and The Guardian, Chief Executive of The Work Foundation, and Principal of Hertford College, Oxford. He chaired the Hutton Review of Fair Pay in the Public Sector for the Coalition government and the Commission on Creative Industries for the Labour government, and was rapporteur to the EU Kok Commission.

The current focus is institutional. As co-chair of The Purposeful Company he works with boards and asset managers on what corporate purpose, governance and executive pay should look like if shareholder primacy is no longer the working assumption. As President of the Academy of Social Sciences and chair of the Big Innovation Centre, he sits across the British social science and innovation policy systems.

For senior audiences, the value is in the synthesis. Hutton reads China, the United States, the European Union and the United Kingdom as one connected system, and his Observer column is the long-running test bed. A board trying to make capital, governance and political-risk decisions in that environment gets a single coherent reading from a single voice with thirty years of public track record.

Key speaking topics

  • The British and European political economy
  • Corporate purpose, governance and executive pay
  • China, the United States and the future of the global economy
  • Stakeholder capitalism and institutional reform
  • The future of work and the social contract
  • Innovation policy and industrial strategy
  • Fairness, inequality and public sector reform

Ideal for

  • Boards and executive committees of UK and European corporates assessing geopolitical and macro exposure
  • Asset managers, pension funds and institutional investors recalibrating governance and stewardship expectations
  • Government, regulator and think-tank audiences working on industrial strategy, public sector reform or corporate governance
  • Senior leadership programmes at business schools and professional services firms

Audience outcomes

  • A working map of how the British, European, Chinese and US economies now connect, and where the pressure points sit
  • A clear view of what corporate purpose and stakeholder governance mean in practice for board agendas, pay and stewardship
  • An informed reading of how UK political and policy shifts feed through to corporate operating conditions
  • A sharper sense of which economic news is structural and which is noise

Talks

Economics and Social Trends

A reading of the macro forces reshaping advanced economies and how leaders should interpret them for strategy and capital allocation.

Key takeaways:

  • Where the British and European political economies are heading under current policy and demographic pressure
  • How financialisation, short-termism and weak institutional capacity show up in corporate performance
  • What boards should be watching beyond the quarterly cycle

The Writing on the Wall: China, the West and the Future of the Global Economy

A long-running theme drawn from his book of the same title, on the structural relationship between China, the United States and Europe.

Key takeaways:

  • How China’s political-economic model interacts with Western institutions
  • Where the points of genuine economic confrontation sit
  • What this means for supply chains, capital flows and corporate exposure

The Purposeful Company: Governance, Pay and Stakeholder Capitalism

Drawn from his work as co-chair of The Purposeful Company, on what corporate purpose looks like when it is taken seriously.

Key takeaways:

  • Why shareholder primacy is no longer a working board assumption
  • How executive pay, governance and reporting need to change in practice
  • What asset managers and institutional investors are now expecting

Videos