David Ramsden: The UK's productivity growth challenge

Speech by Sir David Ramsden, Deputy Governor for Markets and Banking of the Bank of England, at an East of England CBI event, Cambridge, 23 February 2018.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Accompanying slides

It is businesses that are vital for driving productivity, and it is crucial for the Bank and MPC to engage with and hear from all sorts of business, which is why we have a national network of agencies spread across the UK. It is a pleasure to be back in the region covered by the Bank's South East and East Anglia Agency. It happens to be the region I was born and grew up in, and one I visit regularly on my bicycle at weekends, so I know what a diverse and vibrant region it is, economically and more generally.