Bank of England MPC Survey – outlook for the next 6 months: March 22
16/03/2022
UK Fashion and Textile businesses have been asked to contribute to the Bank of England’s Monetary Policy Committee (MPC) regular London meeting. For this session, the Bank is especially interested in inflationary pressures.
The BoE’s MPC meets 8 times per year to set the ‘bank rate’, otherwise known as the Bank of England base rate or the interest rate. The BoE can decide to keep the rate the same, raise it, or decrease it.
It is important that the BoE has an accurate and up-to-date understanding of the current market conditions, particularly at this crucial time, so we do encourage the UKFT network to complete this short survey. It should take approximately 15 minutes and will help ensure the voice of the UK fashion and textiles industry is heard.
The deadline for submissions is 28th March 2022.