Angus Deaton wins 2015 Nobel Prize in Economics

A Scottish economist and son of a Yorkshire miner has been awarded the 2015 Nobel Prize in economics for his pioneering work measuring poverty around the world.

Angus Deaton, 69, became the 47th recipient of the Nobel, which was announced by Royal Swedish Academy of Sciences in Stockholm today.

A professor at Princeton University, Mr Deaton will receive a cash prize of 8m Swedish kronor (£635,000).

CNA – News Service