Senior Bank of England officials say “outreach programmes” to discuss issues with members of the public are providing an important input into policy.

In a speech today (March 1), governor Andrew Bailey said it had been “sobering” attending citizens’ panels across the UK in the past year. He noted how many people were “struggling to cope” with higher transport, food and energy costs. He mentioned cases including a woman trying to juggle studies and caring responsibilities, and another who felt