banking

Bank of England Briefing Session in Belfast for Northern Ireland MPs’ Staff

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The Bank of England would like to invite the staff of MPs based in Northern Ireland to a briefing session on the work of the Bank on Friday 10 October from 10.00-12.00 in Belfast.

Bank staff will deliver a briefing on how the work of the Bank of England affects your constituents, with an introduction to our work in Northern Ireland from our Agents in the Bank’s Belfast office. This will be an ideal opportunity to learn more about the work of the Bank and ask your constituents’ questions.

If you would like to attend, please email ParliamentaryAffairs@bankofengland.co.uk to book a place in person.

We would be grateful if you could share this with any colleagues based in constituency offices in Northern Ireland who may be interested in attending.  

Please note this session is for staffers only. However, we hold regular briefing sessions for MPs to keep them up to date on the Bank’s policymaking and Members are welcome to get in touch to learn more.

We look forward to welcoming you.

Bank of England Briefing in Cardiff for MPs’ Staff

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Want to find out more about the Bank of England and how it affects your constituents?

The Bank of England is inviting MPs’ staff based in Wales to a briefing session on the work of the Bank at a venue in the centre of Cardiff, taking place on the morning of Tuesday 23 September.

Senior Bank staff will deliver a briefing on the Bank’s responsibilities – including setting interest rates and regulating the banking sector – and how it affects your constituents. The Bank’s Agent in Wales will provide an overview of his work and themes from recent conversations with businesses and community organisations.

With an interest rate decision on 18 September, this will be an ideal opportunity to learn more about the work of the Bank and ask your constituents’ questions. You can learn more about our Agent for Wales here.

We would be grateful if you could share this with any colleagues based in constituency offices in Wales and the surrounding area who may be interested in attending.

The briefing will take in person and online and is for staffers only. Please email ParliamentaryAffairs@bankofengland.co.uk from your parliamentary network account to book a place.

Business Banking Resolution Service

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The BBRS is a new, independent organisation that seeks to resolve disputes between larger SMEs and participating banks.  It is free for businesses to use and offers an alternative to litigation, which for many SMEs is not a realistic option.

The service is now fully live and open to thousands of potential customers around the UK.

The BBRS is a voluntary undertaking by the seven participating banks, who have worked in partnership with SME and business representatives in its development: Barclays Bank PLC and Barclays Bank UK PLC; Danske Bank; HSBC UK Bank plc; Lloyds Banking Group (Lloyds Bank plc and Bank of Scotland plc); NatWest Group (including The Royal Bank of Scotland Plc, National Westminster Bank plc, Coutts & Company and Ulster Bank Limited (Northern Ireland)); Santander UK plc; and Virgin Money (including Clydesdale Bank PLC and Yorkshire Bank).

See their press release here: https://thebbrs.org/news/boost-for-small-businesses-as-free-and-independent-service-for-unresolved-bank-complaints-goes-live/

and their information poster here: https://thebbrs.org/wp-content/uploads/2021/02/BBRS-Intro-poster.pdf