Bank of England Agency for the North East - New Agent Appointed

Mr David Buffham has been appointed as the Bank's new Agent for the North East. In September he will succeed Mr Robin Webster, who is retiring after 7 years as Agent and 35 years at the Bank of England.
Published on 05 July 2001

The role of the Bank's Agencies is to maintain contact with a wide range of businesses and institutions in their regions covering all sectors of the UK economy. They provide a flow of regular reports to the Bank where the Monetary Policy Committee uses the information to help its understanding and assessment of current economic conditions. The Agencies are also involved with a wide range of business organisations such as the Chambers of Commerce and the regional CBI and they maintain close contact with business support services and universities. Part of the Agent's role is also to represent the Bank and explain its work and policies. At present the Bank has a network of twelve Agencies covering the entire United Kingdom.

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