Showcasing the Best of Welsh Business


28th June – Cardiff
Wales Economic Breakfast


We are pleased to invite you to join us for our Economic Breakfast event.

Hosted by Karen Thomas, Head of South Wales Corporate Banking, at Barclays, we are delighted to be joined by:

  • Rain Newton-Smith – Director of Economics at CBI
  • Mark Drakeford – AM- Cabinet Secretary for Finance and Local Government

Further panellists will be confirmed shortly.

We look forward to welcoming you.


08:00 Arrival, registration and breakfast





Welcome remarks – Karen Thomas

Economic Outlook- Rain Newton-Smith

Economic Outlook- Mark Drakeford

Panel Discussion, including Q&A

Closing remarks – Ian Price – Director Wales CBI

10:00 Event Concludes


Dress code

Business attire


Rain Newton

Prior to joining Oxford Economics, Rain worked for nine years at the Bank of England. Her roles included preparing global forecast for the Monetary Policy Committee, evaluating the supply-side determinants of the UK economy, and acting as a research advisor to Richard Lambert, a former member of the MPC.

In 2004, Rain started a two-year secondment as an advisor to the UK Executive Director at the International Monetary Fund in Washington DC.

She was deeply involved with governmental projects investigating Middle Eastern financial stability and economic development matters.

Rain’s continuing experience resulted in leading a task force that contributed to the Bank of England’s  Financial Stability Report.

In addition to having a MSc in Economics from LSE – concentrating on international trade studied Politics, Rain studied Philosophy and Economics at Oxford University.

In 2010, Rain was chosen as one of Management Today’s 35 Women under 35. In 2012, the World Economic Forum officially recognized her as Young Global Leader.

Current specific topics include:

  • Global economic outlook
  • International risk scenarios
  • What does weaker growth over the medium term in China ( and rest of BRICs) mean for the global economy?
  • Impact of QE and portfolio flows on emerging market prospects
  • Prospects for global trade between emerging markets and advances economies

Mark Drakeford AM – Cabinet Secretary for Finance and Local Government

In the 1980s and 1990s Mark was a Labour Councillor on South Glamorgan County Council, specialising in education issues, including Welsh medium education. Between 2000 and 2010 he worked as the Cabinet’s health and social policy adviser at the Welsh Government, and was latterly head of the First

Minister’s political office. He has a 30 year knowledge of the Cardiff West constituency.

Mark became the Assembly Member for Cardiff West in May 2011. He was Chair of the Assembly’s Health and Social Care Committee from July 2011 – March 13 and of the All-Wales Programme Monitoring Committee for European funds from July 2011 – March 13. He was appointed Minister for Health and Social Services in March 2013. He was appointed Cabinet Secretary for Finance and Local Government in May 2016.

WHEN: 28th June
WHERE: Cardiff

Book your place here.