Year 13 Economics students were recently fortunate to be visited by Andrew Holder from the Bank of England (who kindly visited us last year as well). Mr Holder is the Bank’s regional agent, and he came into School to talk about the work of the Bank of England. In a wider-ranging talk he was able to explain the role of the Bank, and reflect on current economic developments in and beyond the UK, and their potential implications. As well as showing that many areas of economic forecasting are fraught with challenges, especially in a time of uncertainty, he also pointed out how there is not always an easy solution, or a ‘quick-fix’ to economic problems! We also got a preview of the new £20 bank note! Mr Holder then took questions from the students, including on such issues as Brexit, the currency, and the ability of the Bank to print more money. The visit was helpful in providing our students with the examples to build around their economic theory, and we hope that Andrew will be back again next year.
Mr Justin Barnett, Head of Humanities