Lancaster Business Leaders Contribute to National Economic Policy at Bank of England Roundtable

Lancaster business leaders gathered for an exclusive economic roundtable with the Bank of England to share their experiences and insights on key issues affecting businesses across Lancaster, Morecambe, and the wider UK economy.

The event, facilitated by Ken Clark from the Bank of England, brought together Chamber Ambassadors, Board Members, and business representatives to discuss challenges such as interest rates, inflation, CPI, recruitment challenges, and business confidence.

The discussion focused on the outlook for the UK economy over the coming years, including potential impacts of rising energy and oil prices, increasing inflationary pressures, and their effects on growth, investment, and consumer confidence.

Graham White, Chief Executive of Lancaster & Morecambe Chamber of Commerce, emphasized the importance of local businesses having a voice in national economic policy-making.