# Bank of England to hear the views of the people in north Wales about the cost of living

> Bank of England to hear the views of the people in north Wales about the cost of living. A business report — sourced from Bank of England Events.

*Section: Business — By Marcus Vale (Editor-in-Chief & Business & Markets Editor) — Published July 12, 2026 — 1 min read*

Canonical URL: https://dailyjunction.org/business/bank-of-england-to-hear-the-views-of-the-people-in-north-wales-about-the-cost-of-living
Tags: bank of england, business, cost of living, hear, views

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The Bank of England's regional public engagement programme is visiting North Wales, continuing its effort to ensure that the central bank's understanding of the economy reflects the experience of communities across the United Kingdom, not just the financial centre in London.

The event is part of a series that has taken members of the Monetary Policy Committee to every region of the country. The format is consistent across the programme: an open forum at which members of the public can ask questions and share their experiences of the cost of living, followed by meetings with local businesses, community organisations and public sector leaders.

The Bank's network of regional agents, who maintain regular contact with businesses and community groups across the country, provide briefing on local economic conditions ahead of each visit. The agents' intelligence is an important complement to the statistical data that the MPC uses to assess the economy, providing qualitative evidence that can identify turning points before they appear in official statistics.

The Governor has described the regional engagement programme as essential to the Bank's legitimacy. "We make decisions that affect every household and every business in the country," he has said. "We have a responsibility to explain those decisions to the people they affect, and to listen to their experience. That is not an optional extra. It is a core part of our accountability." The Bank has committed to continuing the programme and to publishing summaries of the insights it generates.

## Sources

- [Bank of England Events](https://www.bankofengland.co.uk/events/2026/june/boe-to-hear-the-views-of-the-people-in-north-wales-about-the-cost-of-living)

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