Economic outlook in focus at Yorkshire Bank event

LEADING economist Tom Vosa will provide an update on the outlook for second half of the year from an international, national and local perspective at an event today.

Mr Vosa, head of market economics at Yorkshire Bank, is speaking to private equity investors, professionals and business people at lunch-time event.

Among the topics under discussion will be the global picture, concerns over the stability of the Eurozone, as well as domestic issues such as interest rates, inflation and prospects for growth.

At a previous economic lunch in March Mr Vosa said he expected UK GDP growth to come in at 2% this year, but since then the Government’s own forecasts have been downgraded to around 1.5%, and it will be interesting to see if Mr Vosa has followed suit.

With the IMF last week backing the Coalition’s deficit reduction plans. despite calls from some economists for a ‘Plan B’ to boost growth, Mr Vosa will give his opinion on this contentious issue.   

The event has been organised by Peter Smith, pictured, a director in Yorkshire Bank’s Corporate and Structured Finance team, who said: “Tom Vosa is always interesting and thought-provoking and with the economy still showing signs of difficulty and continued trouble in the Eurozone, he is sure to give a fascinating insight into prospects for the rest of 2011”

Representatives from ISIS, YFM, Zeus Group, NM Rothschild, Rickitt Mitchell,. accountants Cowgill Holloway. law firms Pannone, Eversheds and Hill Dickinson are attending the lunch, along with executives from prominent North West businesses Advanced Childcare and Banner Chemicals.