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Capital Economics

Capital Economics Ltd
IndustryEconomics, finance
FoundedLondon (1999)
FounderRoger Bootle
Headquarters
London
,
United Kingdom
Number of locations
London, Toronto, Singapore, New York
Key people
Roger Bootle, Non-Executive Chairman
Neil Shearing, Director
OwnerPhoenix Equity Partners
Number of employees
150
Websitehttps://www.capitaleconomics.com

Capital Economics is an independent economic research business based in London. The company produces written pieces of economic research as well as offering consultancy services, seminars, conferences and commissioned research projects.[1] In 2012 it won the Wolfson Economics Prize for the best proposal on how a member state could leave the eurozone.

History

Roger Bootle founded Capital Economics in 1999.[2] He and Capital Economics won the £250,000 Wolfson Economics Prize in 2012, "for the best plan for dealing with member states leaving the eurozone".[3]

In 2014, Bootle sold a stake in Capital Economics to part of Lloyds Banking Group; the transaction valued his company at £70 million.[4] Four years later, Phoenix Equity Partners purchased a majority stake in the consultancy from Bootle; this valued the business at £95 million.[2] Bootle retained his chairman role and a reduced financial interest in Capital Economics.[2][5]

Principal staff

  • Roger Bootle, Founder
  • Neil Shearing, Group Chief Economist
  • Mark Williams, Chief Asia Economist

References

  1. ^ "Capital Economics Ltd - Company Profile and News". Bloomberg.com. Retrieved 5 October 2021.
  2. ^ a b c White, Lucy (23 March 2018). "Roger Bootle's Research Firm Capital Economics Set for £95m Sale to Private Equity". city a.m. Archived from the original on 18 July 2018. Retrieved 18 July 2018.
  3. ^ Gregory, Mark (5 July 2012). "Wolfson Prize for Euro Wxit Plan Won by Roger Bootle". BBC. Retrieved 18 July 2018.
  4. ^ Kahn, Mehreen (18 October 2016). "Roger Bootle to step down to part-time role at Capital Economics". Financial Times. Retrieved 18 July 2018.
  5. ^ "Capital Economics announces investment by Phoenix Equity Partners". Capital Economics. 27 March 2018. Retrieved 18 July 2018.