A MEMBER of the Bank of England s Monetary Policy Committee has met Barnstaple and Bideford branches of the Chamber of Commerce. Kate Barker, who is on the committee responsible for setting interest rates to meet the Government s inflation target, visited

A MEMBER of the Bank of England's Monetary Policy Committee has met Barnstaple and Bideford branches of the Chamber of Commerce.Kate Barker, who is on the committee responsible for setting interest rates to meet the Government's inflation target, visited North Devon to talk to local businessmen and women at the Durrant House Hotel, Northam. The MPC member delivered a briefing on the latest Inflation Report and gauged grassroots opinion of the local economy. She said she enjoyed her time in North Devon: "People appreciate the fact that we come out and talk to them about how things are. "They also clearly appreciate that some of the things that are happening such as high oil prices are not something the bank is able to affect.