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The BBC has appointed Stephanie Flanders as its new economic editor.
The Newsnight journalist will replace Evan Davis in April when he becomes a presenter on Radio 4's Today.
Flanders is currently economics editor for the BBC Two show, where she has recently covered the Northern Rock and global economic slowdown stories.
She went to Oxford University and Harvard and was a leader writer and columnist at the Financial Times. During a spell in the US she was a senior advisor at the Treasury in Washington and a New York Times reporter.
"Evan is unique – and not an act that any sensible person would want to follow," said Flanders. "But then nor is BBC economics editor a job that you turn down. I'm thrilled. And I am almost as tall as him, which helps."
BBC news director Helen Boaden added: "Stephanie has a terrific track record and will build on her reputation at Newsnight for bringing clarity, authority and wry humour to this important but difficult area."
