Rt. Hon. Rishi Sunak MP delivers 2022 Mais Lecture at Bayes

Chancellor of the Exchequer delivers prestigious annual lecture at Bayes Business School to set out his vision for a successful free market economy.

Capital, People and Ideas are the three key priorities towards delivering higher productivity, according to the Rt. Hon. Rishi Sunak MP, Chancellor of the Exchequer, who delivered the 34th Mais Lecture at Bayes Business School (formerly Cass) on Thursday 24 February 2022.

In his speech, titled A new culture of enterprise, Mr Sunak set out his vision for a lower tax economy, delivered in a responsible way. The event was attended by more than 120 members of the media, business leaders and representatives of the Bayes and City, University of London communities in person, as well as being live-streamed to an online audience.

The speech was followed by a Q&A with the Chancellor hosted by Professor Barbara Casu, Director of the Centre for Banking Research and Professor of Banking & Finance at Bayes.

Rishi Sunak MP and Professor Barbara Casu

On delivering the lecture, Mr Sunak said:

“It has been a great privilege to deliver this year’s Mais Lecture, joining a long line of prestigious and eminent speakers from previous years.

“Speaking to an audience including students, staff and business leaders at Bayes Business School was the perfect opportunity for me to set out my vision for a future economy which is centred around business investment, skills and innovation – all part of a new culture of enterprise.”

Professor André Spicer, Interim Dean of Bayes Business School said:

“We are honoured to have welcomed Mr Sunak to deliver this year’s Mais Lecture, the first to be held since we changed our name to Bayes Business School last year.

“The fact that our Business School continues to host one of the most important banking and finance events in London demonstrates our impact on the City and the expertise of our community.”

On hosting the Q&A, Professor Casu said:

“It was very interesting to hear from the Chancellor about his vision for the British economy.

“Post-pandemic economic recovery and sustainable growth are of key importance. The debate on how to achieve it is both critical and welcome, as is evaluating the role of government to reach such objectives.”

About the Rt. Hon. Rishi Sunak MP

Rishi Sunak was appointed Chancellor of the Exchequer in February 2020. He was previously Chief Secretary to the Treasury from July 2019 to February 2020, and Parliamentary Under Secretary of State at the Ministry of Housing, Communities and Local Government from January 2018 to July 2019. He was elected as Conservative MP for Richmond (Yorks) in May 2015 and served as a Parliamentary Private Secretary at the Department for Business, Energy and Industrial Strategy from June 2017 until his ministerial appointment.

Mr Sunak studied Politics, Philosophy and Economics at Oxford University. He was also a Fulbright Scholar at Stanford University (USA) where he studied for his MBA. He spent his professional career before politics in business and finance, working internationally. He co-founded an investment firm working with companies in multiple geographies. He then used that experience to help small and entrepreneurial British companies grow.

Rishi Sunak delivering the Mais Lecture

Read the full transcript of Mr Sunak’s Mais Lecture on the Government website.

Find out more about the decision to rename as Bayes Business School

Read more about the Centre for Banking Research at Bayes Business School (formerly Cass).

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