Bank of England provides forecast to business leaders

Brexit uncertainty, currency fluctuations and a hold on interest rates will all be discussed at a Bank of England Economic Forecast event in Cambridge, hosted by the Association of International Certified Professional Accountants (AICPA) and the Cambridgeshire Branch of the Institute of Directors (IoD).

Tim Pike, Bank of England deputy agent for the South East and East Anglia will review the Bank of England's latest economic forecasts from their recently published inflation report. He will also cover the outlook for GDP growth as well as CPI inflation.

“This event gives business leaders the opportunity to hear the Bank of England’s views on our local economy directly from our local agent. In addition to delivering information Tim will be keen to hear what is happening within the Cambridgeshire business community as Tim is an information gatherer for the Monetary Policy Committee (MPC),” says Simone Robinson, Head of Regional Relationships for IoD East of England. “Business owners and directors are encouraged to help the MPC have an up-to-date assessment of the UK and to assess the current state of the economic environment. This information plays an important role in the monthly interest rate decisions of the MPC.”

The Bank of England Forecast event will be held at the Holiday Inn Cambridge on Wednesday 21 February from 6:30pm. More information can be found via www.iod.com/forecast.



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