Teesside Business School will welcome Kate Barker, a member of the Bank of England's Monetary Policy Committee, to deliver its annual business lecture tomorrow.

The committee meets each month to decide the UK's interest rates.

Mrs Barker's talk will cover how the world economy affects decisions on UK monetary policy and the increasingly influential role that China will play in the world.

She will also cover the possible threat to the short-term prospects for the UK economy posed by the large US trade deficit and the sluggish recovery in Europe.

She will give the talk at the University of Teesside's Innovation Building.

It will be a return visit for Ms Barker, who first came to Teesside Business School in January last year.