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Richard Nocton, Partner in our Marlborough office, attended a Bank of England briefing on 14th November 2019 in Swindon, hosted by their Regional Agent Donna Kehoe.
The BoE Monetary Policy Committee are apolitical and are responsible for setting interest rates and regulating the UK Sterling Reserves and Bonds.
Their summary and assumptions of the present market conditions is:
And finally……………..There are £2 billion £20 notes and to replace these there will be a new £20 note issued on 20/2/20