Bank of England Forum
The Bank of England is visiting the Chesterfield area, seeking to gauge current levels of business confidence and is inviting Chesterfield businesses to join them for an informal breakfast in which localised operating conditions will be discussed.
Against a backdrop of prolonged investment uncertainty after an inconclusive General Election, the Bank is keen to listen to local business’ observations about a number of aspects affecting firms on a day-to-day basis. These might include late payment issues, rising inflation, business rates, access to finance, taxation, and cashflow issues, together with the likely impact of Brexit.
Anecdotal feedback at meetings such as these helps to compliment the intelligence supplied by the Chamber’s economic research – emerging issues arising from these discussions are fed into the Monetary Policy Committee, which sets the monthly interest rates affecting us all.
Taking place in Staveley, the meeting is hosted by AVK UK, a prominent local manufacturer of valves and fittings to the gas and water industries.
