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26 September 2013

BBC Economics editor Stephanie Flanders to leave BBC for J P Morgan

The BBC's only female on-air editor is due to leave Auntie Beeb for a job as Chief Market Strategist at global megabank J P Morgan.

By Media Mole

No more Stephanomics. At least, not for the licence fee (and BBC pension) paying public. Stephanie Flanders has announced that she will step down from her job as Economics editor for the BBC to work instead as Chief Market Strategist, UK and Europe, at J P Morgan Asset Management.

The poacher, it seems, has turned gamekeeper. Ms Flanders seems to think it’ll be pretty must business as usual. She wrote on her blog:

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In many ways, I will be doing the same thing in my new job at JP Morgan Asset Management that I have been doing as Economics Editor: explaining what is happening in the economy and markets, and why it matters.

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But I can’t help but thinking there’ll be a few changes: the decor, locale, canteen conversation, and perhaps most of all, the pay packet. Flanders’s exit leaves the BBC with a bit of a dilemma too. She was the only female on-air editor within auntie’s ranks, and the obvious person to replace her, Chief Economics Correspondent Hugh Pym is, well, a Hugh.

What will they do?