Date posted: 12th Dec 2023
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 unanimously for a ‘pause’ in interest rates, in order to try and steady the economy as we head into the new year.
Partner Phillipa Symington discussed the decisions, saying, “Debt is maturing, and being replaced by higher cost debt, there has been a shift in inflation but with a cautious outlook”
We would like to thank, Gary Smith, Dave Broadbent, Bob Gammie, Christopher Gammie, Christopher White and Rob Lazenby 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.