Bank of England authors discuss trust, inflation and the future of money at Faculty of Humanities event
More than 140 guests gathered at Alliance Manchester Business School on 30 June for a special event with Bank of England economists and authors Rupal Patel and Jack Leslie, celebrating the publication of their new book, Money: The Inside Story. Hosted by Professor Fiona Devine, Vice-President and Dean of the Faculty of Humanities, the event brought together business leaders, policymakers, students and members of the public for a lively discussion on one of the most important – and often misunderstood – forces shaping everyday life: money.
Interviewed by Michael Taylor, Editor of The Business Desk North West, the authors explored the origins of the book, the economic challenges facing the UK, and the critical role that trust plays in the monetary system. The discussion also examined inflation, financial stability, digita006C payments and the impact of emerging technologies on the future of money
Drawing on their experience at the Bank of England, Patel and Leslie explained how money is created, what drives inflation and how the financial system operates behind the scenes. The book takes readers inside one of the UK's most influential institutions, revealing the surprising stories, decisions and mechanisms that underpin modern economies, while offering an accessible guide to how money works and why it matters.
The event attracted a sell-out audience and included more than 30 students from Loreto Sixth Form College and Pendleton Sixth Form College. Students took part in the audience Q&A and had the opportunity to meet the authors during a special book signing following the discussion.
The event formed part of the University's ongoing engagement with the Bank of England and reflected the Faculty of Humanities' commitment to creating opportunities for public discussion around issues that shape society, policy and everyday life.