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BANK OF ENGLAND AGENT VISITS RUTLAND

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A recent visitor to Rutland Council was Chris Brown, the Bank of England's agent for the east Midlands. Mr Brown, w...
A recent visitor to Rutland Council was Chris Brown, the Bank of England's agent for the east Midlands. Mr Brown, who was appointed to his Nottingham post from the West Midlands last year, was on his first visit to Rutland.

The regional agents play an important role in briefing the monetary policy committee before it makes its monthly decision on interest rate levels.

In coming to Rutland, Mr Brown was interested in house prices, the labour market, the position of Rutland employers and the use of new technology.

He was also concerned to learn of some of the financial problems which some Rutland people have. The council's chief executive, Janice Morphet - who played host to the visit - welcomed the opportunity to brief the bank in this way and looks forward to a regular meeting with Mr Brown.

She said: 'Since we became a unitary authority we have increasing opportunities to put forward Rutland's case. It is as important for the Bank of England to learn of issues facing rural areas as well as those more frequently mentioned in larger centres of population'.
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