Bank of England to speak at Yorkshire manufacturing summit

Alex Golledge of the Bank of England

Manufacturing Advisory Directorate (MAD) Yorkshire is hosting its first professional event to bring together manufacturers keen to learn how to navigate the current economic climate.

Taking place on Tuesday July 19, between 8am and 10am at Cedar Court Hotel Bradford, the free to attend event is coined the Yorkshire Manufacturing Advisory Summit and will provide an opportunity for manufacturing professionals to network with and learn from peers.

Attendees will also be addressed by special guest and keynote speaker Alex Golledge of The Bank of England, who will cover current economic conditions, the Bank’s central forecast for the UK economy, the key drivers affecting the policy and the outlook and the key challenges he is hearing from businesses across Yorkshire post pandemic.

In addition, some of Yorkshire’s finest advisors including Rob Woollin of Leeds City Region Supply Chain & Manufacturing Champions Programmes and Aimie Kay of PAPI Project, will be on hand to answer specific questions relating to the industry’s biggest challenges.

MAD Yorkshire is a collaboration between Yorkshire’s finest independent consultants, managers and interims which arose from a shared mission to ensure manufacturers have direct access to the support they need, when they need it.

Collectively, MAD Yorkshire has over 200 years of experience in solving the manufacturing industry’s most pressing concerns.

The Yorkshire Manufacturing Advisory Summit is the first event the group has hosted and is expected to be a sell out given the level of interest received prior to launch and the raft of expert advice on offer.

Neil Jaggar, chairman of MAD Yorkshire, said: “Now is the perfect time to bring the Summit to Yorkshire for the manufacturing industry. After a rough couple of years, our industry needs to focus on innovation and how we can continue to thrive, no matter the circumstances.

“It’s no secret that the manufacturing industry has been hard hit. We are having to navigate the ramifications of both Brexit and the pandemic, whilst simultaneously trying to remain innovative and in line with changing customer demand.

“It’s tough but our industry is a cornerstone of Yorkshire’s economy. We must do what we can to support manufacturers with as many opportunities as possible to gain expert advice, guidance, and network with peers.”

During the Summit, there will be a number of opportunities for attendees to seek specialist advice via two 30-minute breakout sessions with expert MAD Yorkshire advisors.

Topics covered will centre around grant opportunities, IT and Energy, accounting and legal, sales, marketing, growth operations, health and safety, compliance and strategy.

MAD Yorkshire advisors will also be available after the event for one-to-one sessions until 12pm.

Tor Mackenzie, founder of MAD Yorkshire, said: “We understand how busy manufacturers are, and so we have kept that in mind when planning the Summit. In the space of a few hours, attendees will be able to hear updates from The Bank of England, network with other manufacturing professionals, and get answers to their most pressing questions. I can’t think of a more valuable way to spend a Tuesday morning and look forward to seeing everyone on the day.”

Manufacturing professionals from Yorkshire are invited to attend the free summit sponsored by PAPI Grants, with tickets being available free on a first come, first served basis.


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