Invitation to complete Bank of England poll

October 12, 2015

The Marches’ business community is being asked to contribute to a Bank of England poll ahead of an event in November which aims to map a positive future for financial markets.
The Bank says: “Financial markets can and should be powerful drivers of prosperity. They finance trade, investment and growth. They price and allocate capital, and they transfer risks to those most able to bear them.
“Markets affect everyone. But they can go wrong. Left unattended they can be prone to excess, instability and abuse. In order for markets to regain their social license, it is vital that public authorities and private market participants work together to reverse the tide of ethical drift. This cannot be a one-off exercise and needs continuous engagement so that market infrastructure keeps pace with market innovation.”
Therefore the Bank of England is holding an Open Forum on November 11 to map a positive future for financial markets. The event will bring together policymakers, financial market participants and users, academics, media representatives and wider society. The results of the poll, which can be completed here, will help shape discussions on the day.
Public registration is now open. The online portal will be available until 23 October, with attendance determined shortly thereafter by a ballot. But with the debate on social media already underway (#BoEOpenForum) and live webcasts available on the day, the Open Forum is open to everyone.

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The Marches Local Enterprise Partnership has now ceased trading and transferred all its functions to Shropshire Council working with Telford & Wrekin Council and Herefordshire Council, in line with the UK Government's plans for devolution.

The Marches LEP was established in 2011 and hands over an impressive legacy from its 13-year life. In that time the LEP invested over £196m in projects across the Marches, securing in excess of £100m of match funding and supported more than 66,000 business interactions.

The schemes supported have made tangible differences to local communities, increasing skills, creating jobs and improving the physical appearance of many towns.

We would like to thank all the LEP Board Members who have given their time freely over the life of the LEP, as well as all the staff who worked for the LEP over the years. We also want to thank our delivery partners, local education providers and local, regional and national stakeholders who helped us achieve so much.

The Marches Growth Hub will continue to support businesses and will be managed by Shropshire Council, supported by Telford and Wrekin and Herefordshire Councils. Each of the three Local Authorities will also continue to provide direct business support locally. Details of this support will be available through the Marches Growth Hub website and from the Local Authorities directly. Website: www.marchesgrowthhub.co.uk | email: enquiries@marchesgrowthhub.co.uk.

The Marches Careers Hub will continue to be delivered and will be managed by Shropshire Council, supported by Telford & Wrekin and Herefordshire Councils. Website: www.marchescareershub.co.uk | email: info@marchescareershub.co.uk

For any queries about Getting Building Fund (GBF), Local Growth Fund (LGF) and Marches Investment Fund (MIF) projects supported by the Marches LEP please contact: gary.spence@shropshire.gov.uk

For any finance queries please contact: michelle.hodgkiss@shropshire.gov.uk

The solvent liquidation of the Marches LEP is being managed by the Evelyn Partners Limited. For any matter related to this please contact: Camilla.Mulholland@evelyn.com

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