ames Hallam Watford Branch were proud to sponsor the Bank of England Networking Breakfast at Moor Park Mansion on 15th May 2018.
Alex Golledge from the Bank of England addressed a group of about 50 business owners and financial professionals. Alex gave an insight into the Bank’s current thinking, its approach to setting interest rates and some of the factors that have influenced recent decisions to leave this unchanged. He also provided some historical economic analysis and broad predictions for the UK economy. Anecdotally, it was interesting to see his graph with the base rate fluctuation over the last 350 years, as it didn’t move from 4% for about 200 of these!
It was a really well attended and enjoyable event, in very impressive surroundings, organised by the Watford Chamber of Commerce. The Chamber also used the event to introduce their new CEO, Chris Luff, who we are looking forward to working closely with in the future.