Your Voice Matters: Bank of England Economic Update for Chamber Members

About this event

Get ready for an exclusive opportunity to hear directly from the Bank of England as they deliver the latest national economic outlook - along with fresh, real-time insights gathered by the Bank’s network of Agents from businesses across the country.

These high-level briefings are a cornerstone of the Chamber’s Policy, Lobbying and Representation work, giving members unrivalled access to the information that shapes the UK’s economic direction.

Join us from 08:30 for tea, coffee and valuable networking before we kick off promptly at 9:00am. It’s your chance to stay firmly in the loop with what’s happening at the national level. It’s more important than ever to ensure your voice is heard and your experiences are represented in the conversations shaping the UK economy.

To ensure the Bank’s economic policy reflects every region and industry, members will also be invited to share brief updates on a range of business and policy matters - helping to paint a richer, more accurate picture of both the local and national economy.

Discussion Topics

• COSTS: How quickly & by how much are costs rising for fuel, energy, fertilizer, other imported inputs. Are any long-term contracts/price hedges helping to insulate against higher costs? Are any force majeure contract clauses being exercised?
   
• SUPPLY: Any supply chain disruptions or shortages yet, or expected to come?
• DEMAND: Any impacts (consumer spending, business confidence, exports incl. inbound tourism, imports, investment intentions) yet, or expected to come?  
• EMPLOYMENT & PAY: Are firms (further) reducing hiring/headcount, or doing more automation to contain costs? How will the net combination of labour market slack and higher inflation affect pay settlements? Any early steer for 2027 pay s/ments?
• PRICES & MARGINS: How easy is it to pass-through higher costs to prices? To what extent is weak demand containing cost pass-through to consumer prices? Are firms executing cost-cutting programs to preserve margins? How much of the rise in costs will be absorbed in margins?

This is a free, members-only event exclusively for Gold, Platinum Group and Patron Group members.

For more information, please contact events@blackcountrychamber.co.uk