The Governor of the Bank of England (BoE), Sir Mervyn King, was at Tremough last week to address the Cornwall Chamber’s quarterly Bank of England meeting.
The chamber invites its members to share their business concerns and successes with Bank of England staff every three months. In return, they hear what the projections for the economy and currency are from the Bank.
“They’re always very insightful forums but this one was exceptional,” said chamber chief executive, Kim Conchie.
“This is the first time a Governor has been to explain to a Cornish Chamber audience what the Bank of England thinks about the economy. Sir Mervyn was informative on the factors influencing the UK economy.”
Sir Mervyn King added: “During what is likely to have been my last visit to Cornwall as Governor, I have built up a greater understanding of the particular challenges facing businesses here. I have been encouraged by the level of optimism and enthusiasm from those I have met and I look forward to returning once I have stepped down as Governor.”