Dymond Engineering attended a very interesting evening last week, hosted by the North Devon Manufacturers Association (NDMA). It was a Bank of England consultation meeting when members and agents of the bank visit local business communities to find out about the issues affecting our businesses.
The meeting was led by Martin Weale, a Member of the Monetary Policy Committee, accompanied by Stephen Collins and Geoff Harding, South West Agents and started with an insight into current monetary policy and decision making. This was followed over dinner by a questions and answers session and a chance for manufacturers to express their views.
The main message that came out of the meeting which Martin was reporting back to the Bank was the difficulties businesses face in accessing available and affordable finance.