Bank of England expert speaks at Worcestershire breakfast (From Kidderminster Shuttle)

Bank of England expert speaks at Worcestershire breakfast

7:00am Friday 19th February 2010

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A KEY expert with the Bank of England will address accountants and business leaders in Worcester this morning.

Dr Andrew Sentance, of the Monetary Policy Committee, will be speaking at Worcester Warriors’ Rugby Club at 7.30am in a Breakfast with the Bank of England meeting at the Sixways Stadium.

Celia Adams, chairman of the Institute of Chartered Accountants in Worcestershire, which arranged the event, said: “There has been a considerable interest in this event and demand for tickets has been high.

“he speech will provide a vital insight into the deeper issues around the direction of the economy.”

Members are hoping to hear more about the Bank's views on the future of the economy, interest rates, inflation, the value of the pound and even the future of Greece.

Dr Sentance and the committee are responsible for setting interest rates, to meet the Government's inflation target, and have a major part to play in the fight for economic recovery.

Before joining the Bank of England, Dr Sentance was chief economist and head of environmental affairs at British Airways.

He was one of the five senior managers appointed in 2001 to prepare the company's Future Size and Shape turnaround plan.

Dr Sentance is a part-time Professor of Sustainable Business at the University of Warwick, based at Warwick Business School, and a member of the Commission for Integrated Transport, which provides advice to the Government on transport policy issues.

He joined British Airways in 1998 from London Business School, where he was director of the centre for economic forecasting.

Previous positions held include head of economic policy and director of economic affairs at the Confederation of British Industry (CBI).

He was a founder member of the Treasury’s Panel of Independent Forecasters, established in 1992, to provide advice to the Chancellor of the Exchequer.

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