It is now 20 years since Gordon Brown, then Chancellor of the Exchequer, surprised the financial community by giving independence to the Bank of England. Its clear responsibilities were to use its new powers to stabilise inflation through changes in interest rates. In the 20 years that have followed independence inflation has averaged just below 2% per annum compared with 6% in the preceding two decades.
To mark this the Tattenhall Business Club have invited John Young, the Bank of England's Agent in North West England, to address the club at its quarterly lunch this coming Friday 6th October at Sport Tattenhall.
There are a few spaces left; if you'd be interested in attending do make contact with the Tattenhall Business Club through 'Contact' on the Home Page toolbar.
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