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January 2013For immediate release

Banking Chief to talk at Leeds Metropolitan

Tom Vosa - Yorkshire Banks Chief Economist is to give a guest lecture at

Leeds Metropolitan University about current developments influencing the UK

and regional economy.

The annual event, which is open to the public will be held on Tuesday 15

January from 9-10am in Lecture Theatre A at the Universitys Rose Bowl and

will address topics including the future challenges ahead for businesses and

the economic prospects facing society.

Mr Vosa commented: The UK recovery from the global financial crisis has

been much weaker than originally anticipated despite an unprecedented

monetary stimulus and other unorthodox policy from the Bank of England.

After a small post-Olympics boost, the economy likely contracted in the fourth

quarter of 2012, which will raise the spectre of a return to a triple-dip

recession.

With quarterly growth rates pushed and pulled by special events the

underlying pace of growth is probably flat, but the outlook for 2013 remains

modest. We believe that the Yorkshire economy will broadly follow that in the

UK, but could suffer from weaker consumption due to a weaker housing

market. Support from monetary policy and a rise in bank lending should

provide a modest boost but any real upside surprises will depend on the

global economy. An end to uncertainty in the Eurozone and a fiscal deal in the

US could unlock UK business investment.

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As well as Chief Economist at Yorkshire Bank, Mr Vosa is also Director and

Head of Markets Economics, Europe for National Australia Bank. He joined

National Australia Bank in 2001 from the Bank of England and his role

involves keeping the bank abreast of relevant economic and financial market

developments and to have extensive interaction with clients.

Paul Houghton, Principle Lecturer in Accounting and Finance at Leeds Met,

said: This is an annual fixture in the business calendar at Leeds Metropolitan

and we are delighted to welcome Tom Vosa back to deliver this guest lecture.

It will be of particular interest to professionals working in sectors such as

banking, financial services, accounting and economics, as well as to

academic staff and students specialising in those areas.

The hour-long lecture begins at 9am and will conclude with an opportunity to

ask questions. Refreshments will be available from 8.30am. The event is free,

but places will be available on a first come, first served basis.

To book your place at this event please emailguestspeaker@leedsmet.ac.uk

Ends

For further details please contact Julia Williams in the Communications team

at Leeds Met on 0113 812 5978 or email j.t.williams@leedsmet.ac.uk

Notes for editors:

Leeds Metropolitan University has more than 27,000 students and

around 3,000 staff.

The Vice Chancellor of Leeds Metropolitan University is Professor

Susan Price and the Chair of the Board is Lord Woolmer of Leeds.

Leeds Metropolitans four faculties are: Arts, Environment and

Technology, Business & Law, Health and Social Sciences, and

Carnegie.

mailto:guestspeaker@leedsmet.ac.ukmailto:guestspeaker@leedsmet.ac.ukmailto:guestspeaker@leedsmet.ac.ukmailto:guestspeaker@leedsmet.ac.uk

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Leeds Metropolitans heritage can be traced back to the founding of the

Mechanics Institute in Leeds in 1824.

The Destination of Leavers in Higher Education (DLHE) showed that

the proportion of Leeds Metropolitan 2010/11 graduates in work, furtherstudy or both six months after leaving university was 91.87%.

Libraries and Learning Innovation at Leeds Metropolitan was awarded

the CSE standard for the tenth year running in 2012.

In 2012, Leeds Metropolitan was awarded a First in the People &

Planet Green League, a league table of environmentally friendly

universities, for the sixth consecutive year.