Monetary Policy Committee Member Attends Coleg Menai Event as Key Speaker

Business and Travel & Tourism students at Coleg Menai recently attended an interactive live session with Bank of England representatives.

Following the success of the last event, and in a bid to inspire all learners to reach their full potential, over 30 students participated in the informative event jointly organised by Coleg Menai and the Bank of England.

Stephen Hicks, Agent for Wales, and Professor Silvana Tenreyro, Monetary Policy Committee member, discussed the UK Economy, the role of the Bank of England and the role of Monetary Policy, in the hour-long session.

Silvana Tenreyro, who is Professor of Economics at the London School of Economics, was appointed as an external member of the Monetary Policy Committee in 2017. Professor Tenreyro obtained her MA and PhD in Economics from Harvard University. Before joining the Bank, she was co-Director and Board member of the Review of Economic Studies and Chair of the Women’s Committee of the Royal Economics Society.

Stephen Hicks has worked as Agent for Wales within the Bank of England since 2015, which sees him travel across Wales visiting businesses - small and large - to gather information as to what’s happening on the ground, and what challenges businesses may be facing.

Ahead of the event, which was held virtually, students also submitted their own questions to ask the speakers, with question topics ranging from the impact of COVID-19, Brexit and labour shortages on tourism and the wider British economy.

The three top questions were then selected by Stephen - Jennah Williams, Level 3 Travel and Tourism student, and Lili Sheridan and Jack Robers, both studying Business, were crowned the winners and will receive Amazon Gift Cards.

Fflur Rees Jones, Assistant Principal at Coleg Menai, said, “This was a truly fantastic and enlightening session for our learners. We are very grateful to the Bank of England for their time, and look forward to continuing to work together”

Stephen Hicks, said, “It was great to be able to be involved in another event where a Monetary Policy Committee member spoke directly to learners in North Wales. This was a fantastic opportunity for students from Coleg Menai, and I’m sure those who attended would have benefited enormously from Silvana Tenreyro’s insights.”

Silvana Tenreyro added, ““It was wonderful to visit Coleg Menai. I was most impressed by the thoughtful questions from students”

To find out more about the Business and Travel & Tourism courses available at Grŵp Llandrillo Menai, please visit our website: gllm.ac.uk

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