Dave Ramsden sets out his views on how the UK economy has developed over the past twelve months, commenting on the disinflationary process through 2024 which has seen inflation return close to the 2% target, and whether these trends will be sustained into the future.

Speech

Thank you for the invitation to speak today. It’s a pleasure to be here at the Leeds University Business School. And it’s great to be able to get here after a short trip across the city from the offices of the Bank of England in Yorkshire House, where I’ve been meeting with colleagues who work there. The Bank has had a significant presence in Leeds for 200 years and we have committed to basing at least 500 staff here by 2027.

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