CBI: Governor of the Bank of England is keynote speaker at CBI Northern Ireland Mid-Winter Dinner
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Governor of the Bank of England is keynote speaker at CBI Northern Ireland Mid-Winter Dinner

Sir Mervyn King was keynote speaker at the CBI Mid-Winter Dinner, held last night (Tuesday) at Titanic Belfast. More than 500 local business leaders were in attendance at the event, which was sponsored by Airtricity.

Download Sir Mervyn King's speech (pdf)>> 
Download CBI Northern Ireland director Ian Coulter's speech (pdf)>>

At the event, Mr King gave one of his last public speeches before he is succeeded as Governor of the Bank of England on 1 July 2013 by Mr Mark Carney.

Speaking at the event, Mr King said:

“I am delighted to be in Belfast tonight, on what will be my last visit to Northern Ireland as Governor.  The Bank’s Agency here has established excellent relationships with the CBI and their members in Northern Ireland which has helped all members of the Monetary Policy Committee build up a greater understanding of the particular challenges facing individuals and businesses here.”

Welcoming Mr King to Belfast, CBI Northern Ireland Chairman, Mr Ian Coulter said:

“We are delighted the Governor chose Northern Ireland to make one of his last public addresses. His visit has also given our politicians, business and our banks a great opportunity to raise the key issues facing banking here in Northern Ireland. These types of visits help to show that Northern Ireland remains very much open for business.”

Pictured at the CBI Northern Ireland Mid-Winter Dinner are Ms Frances Hill, Bank of England agent; Sir Mervyn King, governor of The Bank of England; Mr Ian Coulter, CBI Northern Ireland chairman; and Mr Stephen Wheeler, managing director, Airtricity, event sponsor Pictured at the CBI Northern Ireland Mid-Winter Dinner are Ms Frances Hill, Bank of England agent; Sir Mervyn King, governor of The Bank of England; Mr Ian Coulter, CBI Northern Ireland chairman; and Mr Stephen Wheeler, managing director, Airtricity, event sponsor

Background

  1. Full text and a video of Sir Mervyn King’s speech will be available on the CBI Northern Ireland website
  2. For further information contact: Anthea Savage, Communications & Events Executive, CBI Northern Ireland. DL: 028 9010 1117; E: anthea.savage@cbi.org.uk
  3. Airtricity is Northern Ireland’s fastest-growing and second largest energy provider, and supplies almost 300,000 domestic and commercial customers with gas and electricity.

    A wholly owned division of the Perth, Scotland-based SSE plc, Airtricity entered Northern Ireland’s commercial energy market in 2002 and became the first market entrant into Northern Ireland’s newly formed domestic electricity supply market in 2010.

    As well as being the country’s No.1 business energy supplier Airtricity is now Northern Ireland’s No.1 gas and No.2 domestic electricity supplier, and earlier this year the company became the first competitive entrant into the Ten Towns Gas Supply Network.

    Airtricity is powered by SSE with renewable energy from Northern Ireland’s largest wind generation portfolio. The company operates 4 wind farms in Northern Ireland generating around 80MW of green energy, making it the country’s No.1 renewable energy generator.

    Since entering Northern Ireland’s energy market in 2008, SSE has invested almost £400million into Northern Ireland.

    SSE is the broadest-based energy utility in the UK, with interests and experience in electricity and gas production, distribution, supply and services.

    The Top 40 FTSE-listed company has over 11,000MW of electricity generation, distributes electricity to 3.5 million homes and businesses and supplies electricity, gas and related services to around 10 million customers.

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