In Exeter today, Mervyn King, Bank of England Deputy Governor, announced the Bank's plans to open a new regional office in the city. This will be the centre for the Bank's Agency for the South West. The Agency will also continue to be represented through its Bristol office, in Redcliff Quay.
Mr King made the announcement while speaking at a lunchtime meeting of some 60 of the South West Agency's local contacts. He was accompanied by