You can take a look at our first example of this – the November Inflation Report –online, at www.inflationreport.co.uk. This afternoon’s event will showcase a selection of the materials we are planning to run alongside these changes in our communications to help explain to people about the Bank’s work. To bring that to life, the first session will kick off with three of my colleagues – Ben, Sam and Jon –explaining to you what the Bank is doing on some topical issues, things that are influencing the Bank’s policies and the role we play in the economy right now. The questions they will answer are:   Why did the Bank change interest rates earlier this month?   What we are doing to keep banks safe? ; and    What are we doing in response to the vote to leave the EU to ensure the Brexit process is as smooth as possible? Through our dialogue with you today, we will enrich our understanding of how we can meet our objective more effectively, and we hope you will gain a better understanding of what the Bank does and how it is going about it. 4  All speeches are available online at www.bankofengland.co.uk/speeches  4  Before handing back to Ranvir, I’d like to thank Speakers for Schools, We Are Futures, Economy.org and Rethinking Economics – the key stakeholders that have helped us with this morning’s events and who have been working with us to develop our educational resources.
Bank of England Future Forum 2017 Opening remarks given by Mark Carney Governor, Bank of England  St. George’s Hall, Liverpool 16 November 2017  1  All speeches are available online at www.bankofengland.co.uk/speeches  Good afternoon. Welcome to the Bank of England’s Future Forum to everyone here in beautiful St George’s Hall, and to those viewing on our webcast. My colleagues and I are delighted to be here in Merseyside. It’s been three decades since I first visited. Back then, I discovered my favourite band the Lightning Seeds, who would later pen England’s football anthem. We’ll learn next year whether the Three Lions can end what’s become fifty years of hurt. 1987 was the Life of Riley for local football. Everton and Liverpool were top of the tables, with the Toffees beating the Reds to win the Championship – sadly their most recent of their 9 titles. How things change. It’s not pure and simple all the time. Just like footballing fortunes, economic conditions in Liverpool have waxed and waned. The de-industrialisation of the 1970s and 80s affected the region particularly badly, with unemployment ultimately rising to above 20%. With the 1990s came revival and regeneration, with particular emphasis on the city’s rich cultural and economic history – a heritage rightly celebrated when city centre riverfront was designated a World Heritage Site in 2004 and when Liverpool became European Capital for Culture in 2008.