“UK Economic Forecast”

BOOKINGS FOR THIS EVENT ARE NOW CLOSED

The Institute and T & T Consulting are privileged to be co-hosting this event with the Bank of England, at which senior executives of the Bank and the Monetary Policy Committee (MPC) will be presenting a special economic briefing, reflecting on trends and developments for the year and outlook for 2008.

Our speakers will be Kate Barker, External Member of the MPC since 2001 and Peter Andrews, Bank of England Agent for Greater London.

The Bank of England Monetary Policy Committee is made up of nine members, five from the Bank and four external members appointed by the Chancellor.  The Bank’s monetary policy objective is to deliver price stability - low inflation - as defined by the Government’s inflation target, and subject to that, to support the Government’s economic policy objectives, including those for growth and employment.

The Greater London Agency (GLA) is part of a network of regional offices which provide a channel of communication between the Bank, businesses and the general public.  Every month each Agency advises the Monetary Policy Committee about economic conditions in the local economy with reports based on discussions with businesses in their region.

Prior to her appointment in 2001 as an External Member of the MPC, among a number of senior appointments within both private and public sectors, Kate Barker was Chief Economic Adviser at the CBI, Chief European Economist at the Ford Motor Company and a member of Chancellor Kenneth Clark’s Panel of Independent Economic Advisers.

Peter Andrews has worked for the Bank throughout his career.  He has served in the International Divisions, after which he was seconded to the IMF as Personal Assistant to the Managing Director from 1990-92; in the Markets area, where he was Head of Gilt-Edged and Money Markets Division 1997-2000; and in the Monetary Analysis area, where he was Head of Monetary Assessment and Strategy.  Since August 2007 he has been the Bank's Agent for Greater London, prior to which he was Senior Adviser, Sterling Markets Division.

In addition to an analysis of the business and economic climate based on the latest (November) quarterly Inflation Report published by the Bank, and the current issues facing monetary policy, Kate Barker and Peter Andrews will be outlining the core purposes and activities of the MPC and the GLA and the importance of these roles as part of the process that shapes the Bank’s monetary policy.

The event is 6.00pm for a 6.30pm start, finishing by 9.00pm. It will include the opportunity to network over refreshments following the formal presentations.

Please note that, in order to accommodate the Bank of England's security arrangements, no bookings will be accepted after Monday 5th November, and delegates will only be admitted on presentation of ticket.

A map showing the location of the entrance to the Bank of England to be used by delegates is available to download below.