Giles Radice, Baron Radice

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Giles Heneage Radice, Baron Radice PC (born 4 October 1936) is a Labour member of the House of Lords.

He was the Labour Member of Parliament for Chester-le-Street from 1973 to 1983 and then North Durham until his retirement in 2001. He was made a Life Peer as Baron Radice, of Chester-le-Street in the County of Durham in 2001, and was educated at Oxford University.

As an advocate of the need for Labour to ditch traditional dogmas, Radice was something of a precursor to Tony Blair. He served in the Labour Shadow Cabinet under Neil Kinnock in the 1980s. Lord Radice is a board member of the European Movement, a member of the House of Lords European Union Committee and of the Fabian Society.

A key figure in British economic policy and the Chairman of the Treasury Select Committee, Baron Radice helped make the monetary policy committee of the Bank of England accountable to both Parliament and the people for its decisions over interest rates.

After his retirement in 2001 Radice, a prolific writer, wrote an acclaimed triple biography of three modernisers from an earlier generation — Roy Jenkins, Denis Healey, and Anthony Crosland, arguing that their failure to work more closely together had harmed the modernising cause.