Andrew Bailey and his senior team visited the South Cumbria estate to meet with business leaders from across the region.

The discussions focused on issues including inflation, investment, workforce trends, and regional economic challenges.

The meeting took place at Holker Hall in South Cumbria(Image: Holker Group)

Speaking after the event, Allen Gibb, chief executive of the Holker Group, said: “We were delighted to host the Governor and business leaders here at Holker Hall today.

“Cumbria has a distinct economic character with many strengths but it also faces unique challenges.

“This roundtable was an invaluable opportunity for the voice of our region to be heard at the highest level.

“We are proud that Holker Hall provided the setting for such an important conversation.”

Host Lucy Cavendish addresses the room(Image: Holker Group)

Gill Haigh, managing director of Cumbria Tourism, said: “This was a unique chance to discuss our specific opportunities and challenges directly with the Bank of England as well as hearing from business leaders from the wider region.”

Henry Steward, senior commercial advisor at Spirit Energy, said: “The roundtable with the Bank of England Governor and senior officials provided valuable insight into the opportunities and challenges faced by businesses in a region that’s central to our low-carbon future.

“Thank you to the team at Holker Hall for providing such a magnificent setting for our discussions.”