Bank of England among speakers at VRA’s Future Economics webinar

“Future Economics” is the subject being tackled in the latest of the Vehicle Remarketing Association (VRA)’s New Normal Briefing series of webinars, announced today (19th March).

Being held at 10am on Thursday 15th April, speakers will include Glynn Jones, deputy agent at the Bank of England, looking at the latest monetary policy report and setting out expectations in terms of growth, unemployment and inflation.

Also, Steve Le Bas, audit partner at BDO, will present on his organisation’s latest Motor 150 report, which looks in detail at the UK’s largest dealer groups, benchmarking them historically and looking at their performance in the years ahead.

Philip Nothard, chair at the VRA, said: “These series of webinars have been very successful so far, covering subjects ranging from EVs to the impact of Brexit and prompting wide-ranging interest from our members.

“The ‘Future Economics’ event should be equally stimulating, we believe, thanks to the importance of the subject and two very high profile speakers. We’re very much looking forward to hearing what they have to say.”

The VRA’s New Normal Briefings have been created to provide members with essential information and guidance as the industry and the general economy begin to emerge from the pandemic.

They take place on the third Thursday of every month and it is planned that they will continue until at least June, when it is hoped that the VRA will be able to resume at least some face-to-face meetings.

Philip continued: “There is probably not an area of remarketing that hasn’t been touched by the pandemic but what comes next remains something of a blank page. Our aim with these webinars is to fill in some of that white space.

“What we want to do is to provide our members with useful and even essential information they can use to plan strategically as we emerge from the coronavirus crisis over the coming months.”

More information about the briefings and joining the VRA can be obtained by emailing

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