The Bank of England's South West Monetary Policy Report Briefing

Last week, Business West’s Chamber of Commerce hosted the Forest of Dean Bank of England Breakfast Briefing at the Speech House in Coleford. This event brought together members of the business community to hear exclusive insights from The Bank of England's Monetary Policy report.

The briefing was led by Malindi Myers, Agent for the Bank of England’s South West Agency, and covered the Bank’s latest analysis and forecasts on Gross Domestic Product (GDP), demand, the labour market, inflation, and the monetary policy response. Malindi also set out the Bank’s assessment of the possible impact of US tariffs on world and UK GDP, and the channels through which it might impact UK inflation. Attendees were able to build the links between the macro context and the pressures that the agri-food and farming industries are facing.

Making Your Voice Heard

This event was more than just a chance to listen and gain insights; it also offered a platform for engagement through questions and discussion. This two-way dialogue contributes to the Bank’s understanding of what is going on in the economy, and helps to inform the Monetary Policy Committee as it deliberates on interest rate settings.

During the Q&A session, attendees raised thought-provoking questions about trade and tariffs, inheritance tax changes, agriculture policy updates, challenges in the labour market and the changing political landscape.