The Bank's Agencies
The Bank has twelve Agencies
based around the UK. Their
primary role is to assess economic
conditions affecting businesses
in their area.
Each month the Agencies hold a series of discussions with individual businesses, organisations and groups to assess business conditions. The Agencies are the Bank’s ‘eyes and ears’, providing information about trends and developments across the economy. Read more
Each Agency provides a monthly assessment to the MPC about business conditions, helping the MPC form a view on the likely path of the economy and inflation.
As well as receiving information from the Bank’s Agencies, members of the MPC make regular visits to different parts of the country. These regional visits provide MPC members with first-hand experience of developments in the economy, as well as offering an opportunity to explain their views and interest rate decisions. Hide
Key Resources
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The Bank of England's Agencies |
