Bank of England event in Darlington on Monday April 7

The event is designed to gather information from local people, which will complement existing data and analysis, and help inform the Bank’s policy decisions.

Monetary policy has been guided by the need to squeeze inflation out of the economy to achieve the 2% target, both in a timely manner and on a lasting basis. High inflation has affected everyone, but it particularly hurts those who can least afford it, said a Bank spokesperson.

Inflation has fallen over the last year, and is currently at 3% (as at January 2025). At the February meeting, the Monetary Policy Committee (MPC) cut Bank Rate to 4.5%.

The event in Darlington on Monday 7 April (5.30pm-8.00pm) will give attendees the opportunity to share their views with Bank officials, including Professor Alan Taylor, external member of the MPC. Alan will be joined by staff from the Bank’s Agency for the North East (NE).

The event will be chaired by Michelle Cooper, Chief Executive, Point North.

Entry is via pre-registration for forum members only, but anyone aged over 18 is eligible to join our community and register to attend the Darlington panel session before Tuesday 25 March when registration closes.

Refreshments will be provided, and the Bank will make a payment of £25 to all attendees to cover expenses.

Sign up for the event HERE.