Yorkshire Shadow MPC – May 2024

Date posted: 8th May 2024

Experts from different sectors in and around York took part in the Shadow MPC.

The MPC is a partnership between Clive Owen LLP and The York Press, which considers the region’s economy and invites business figures to argue their case for a shift, or hold, in the rate.

The members voted as a majority for a cut in interest rates, in order to try and stabilise the economy, and reward business as we grow into the new year.

Partner, Carl Wright discussed the decisions, saying, “Access to finance remains a challenge across sectors, however, prices are beginning to settle which may be helped by increased consumer confidence”

We would like to thank,  Dave Broadbent, Gary Smith, Beckie Hart, Richard Peak and Steve Lowe for being part of this conversation and to Recognition PR for facilitating.

You can watch the full discussion below, or if you would like to find out more, speak to a member of our team here.



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