Lord Jim ONeill, the economist advising the prime minister, is stepping back from a formal government role — not because he disagrees with policy, but because he’s too busy enjoying his current work and wants to avoid the bureaucratic hurdles like blind trusts. He remains a strong supporter of devolution and plans to stay informally connected to Downing Street. Known for coining “BRIC” and his time driving the Northern Powerhouse, ONeill will continue offering his expertise without the trappings of an official post.
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