Driving economic growth and addressing the barriers to success topped the agenda as Yorkshire business leaders met with the Bank of England earlier this month.
The event – hosted and organised by accountancy and business advisory firm, BDO LLP – brought together regional businesses for an exclusive session with Deputy Governor for Markets and Banking, Dave Ramsden.
Ramsden, who is also a member of the Monetary Policy Committee which is responsible for making decisions about the UK’s interest rate to keep inflation at the 2% target sustainability in the medium term, provided businesses with an economic update.
Gareth Jones, partner at BDO in Yorkshire, said: “It’s vital in the current economic climate that we provide businesses with a voice and a platform to talk about the pressures they are facing, while also discussing the support they need to succeed.
“The event was a great way to test the temperature of the regional business community and provide a constructive forum for business leaders, the Bank of England and our team, as we collectively strive to grow the Yorkshire economy.”
The event forms part of the Bank of England’s efforts to engage with businesses across the UK regions to gain a greater understanding of those challenges, as well as the opportunities for growth.
Dave Ramsden added: “I am happy to be here in Leeds talking to local business leaders and understanding the issues they are facing. These experiences are an important contribution to the Bank’s policy decision making.”
Image provided by BDO LLP
