Norfolk businesses were invited to hear an economic update directly from the Bank of England at a lunch held at the Park Farm Hotel in Norwich. Over 60 business people attended the event, including those from the manufacturing, service, public and charity sectors.
Phil Eckersley, the Bank of England’s Agent for the South East and East Anglia provided an update on the national and regional economy and the impact of factors such as inflation, global volatility and labour market factors.
There was an opportunity for businesses to asked questions of Mr Eckersley and these ranged from Brexit, access to credit and wage growth, compared to unemployment.
