Year 12 and 13 Economics students were recently fortunate to be visited by a representative of the Bank of England. Andrew Holder is the Bank’s regional representative in this part of the country, and he kindly agreed to come into School to talk about the work of the Bank of England. In a wide-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, he also pointed out how there is not always an easy solution, or ‘quick-fix’ to economic problems! He then took questions from the students, including on such issues as leaked Treasury reports, and the impact of the wider world on the UK economy. Such a talk is invaluable in helping to provide our students with the examples to build around their economic theory, and it’s hoped that such a talk will become an annual event.
Mr Justin Barnett, Head of Humanities and Teacher of Economics