PBE

Who we are

At PBE we use economics to improve lives. Through analytical expertise and our close connection with the social sector, we help charities, funders, firms and policymakers tackle the causes and consequences of low wellbeing.

Right now, more than 3 million adults in the UK are living in wellbeing poverty. We want to change that. 

Our team of analysts, researchers and economists work on a wide range of issues related to low wellbeing, including mental health, education, employment, financial security, poverty, disability, inequality, volunteering and civil society. Our current focus areas are loneliness, children and young people’s mental health and private rental housing. We have changed national government policies on charitable giving, data about charities and volunteering, and the relationship between civil servants and charities. Our research and insights helped secure over £1 billion of government funding for children’s services, numeracy education and charities struggling with the cost of living. The government has committed an additional £250 million for children’s social care in 2025-26, partially due to our research into the state of children’s services funding.

We were founded in 2009 by Andy Haldane, former Chief Economist of the Bank of England, and Martin Brookes, former economist at the Bank of England and Goldman Sachs. Our chair is Tera Allas, former Chief Economist at McKinsey, and we are supported by Lord Gus O’Donnell, former Cabinet Secretary, as our Honorary President.

Our three-year strategy provides the most explicit statement yet of our desire to better understand and tackle low wellbeing. It sets out ambitious plans for achieving more impact – by expanding what we already do so successfully to new audiences and partners. It also pledges to achieve deeper impact – by growing our expertise and influence. And it emphasises our commitment to better working – by investing in the development of our people and processes. 

CEO Matt Whittaker leads our executive team including a Director of Operations and Finance, a Director of Development, a Director of Policy and Communications, a Director of Services, and a Chief Economist. The executive is supported by a team of over 20 staff.