The discussion will cover the latest updates from the Bank’s Agent in Northern, Mauricio Armellini and some discussion around the economic impact of COVID-19 on the economy.
Members will hear from the Bank following the publication of their Monetary Policy Report. The discussion will focus on how the Bank sees the economy in the current climate and members will be asked to give their views on the effect of the current pandemic on their businesses and how they think this could be improved.
It will include a summary of the measures taken by the bank as we transition out of lockdown.
It's also an opportunity for the Bank to get some feedback from members on how they are finding things, as well as a broader discussion on challenges and learnings from recent events.
Contact: Alison Tait
Mauricio Armellini - Bank of England, Agent, North EastMauricio has been a member of the Government Economic Service since 2008, when he joined the Department for Work and Pensions to lead teams of analysts in areas of key Ministerial attention such as skills and pensions.
In 2013 he went on secondment to the North East Local Enterprise Partnership, where he worked as Chief Economist until his appointment as Bank of England’s Agent for the North East in September 2014.
Mauricio came to the North East in 2005 to undertake his PhD studies in economics at Durham University, following his MA in Development Economics at Williams College (USA). He also taught economics at undergraduate and postgraduate level at Durham University.Before leaving his native Uruguay in 2004, he worked as a professional economist in the financial and non-for-profit sectors.
James Callaghan, ICAEW Regional DirectorJames looks forward to working with Northern Society and other district societies in his area and the regional team to support our local member groups, further raise the profile of ICAEW and building on existing programmes as well as exploring new opportunities and connecting with members across the wider region. James was formerly Director of Research & Enterprise Services at the University of Newcastle. He brings with him a wealth of experience in working with and connecting senior people and key stakeholders.
Steve Plaskitt, Partner MHA Tait WalkerSteve joined MHA Tait Walker in 2002 and was promoted to partner in 2005. He has over 20 years’ experience of advising owners of small and medium sized businesses in the North of England on company acquisitions and disposals and helps businesses to access fundraising. He has advised on all aspects of SME Corporate Finance from due diligence, valuations, mergers, acquisitions, company disposals, equity fund raising, business planning, bank finance, management buy outs / buy ins and strategic decision making.
He has advised on many cross border acquisitions and disposals including successfully completing deals with companies from Japan, Taiwan, Canada, USA, France, Germany, Ireland and Scandinavia.
As an experienced Corporate Financier he adds value to the strategies and processes involved with selling a company or seeking additional finance. Much of what he does is based around strategy at board level to work closely with clients, their lawyers and founders.
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