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Yorkshire graduates talk brass at seminar

Ice News

MONEY MATTERS were top of the agenda for Yorkshire graduates at a business management, finance and banking seminar held in Leeds earlier this month.

Keynote speaker, Bank of England agent for Yorkshire and the Humber Mark Pratt, took a keen professional interest in the effects of the skills shortage in engineering on salaries in the industry.

A straw poll of the 38 strong audience confirmed a steady, if not spectacular, growth in salaries last year, with around 10% confessing to increases of 10% or more.

Pratt had earlier given an insight into the role of the Bank in today's global economy, from influencing inflation by controlling lending rates to the high street banks to taking an overview of the stability of global financial systems and the readiness of the UK for the Euro.

The Euro raised many awkward questions, but Pratt cunningly side-stepped any which may have revealed the bank's views on common currency.

Pratt went on to describe how his role as Bank of England Agent for the local region feeds back to the Monetary Policy committee and influences their decisions on economic conditions.

Pratt was joined by several other speakers from key banking and finance institutions, including Redmayne Bentley and the Co-operative Bank.

The construction industry view was also well represented, with speakers from client Leeds City Council, project manager Faithful & Gould and contractor North Midland Construction.

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