Guiseley student Annabel is on the money (From Wharfedale Observer)
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Guiseley student Annabel is on the money
11:37am Friday 22nd March 2013 in News
Finalists in the Bank of England competition, left to right, Daniel Gross, Calum Grant, Annabel Asquith and Stuart Duffy
A Guiseley student is preparing to step into the shoes of the Monetary Policy Committee in a bid to impress a panel of experts with her prescription for the economy.
Annabel Asquith, is one of four sixth form students from the Grammar School at Leeds, through to the national final of Target Two Point Zero – the Bank of England and The Times Interest Rate Challenge.
Along with team mates Calum Grant, Stuart Duffy and Daniel Gross, Annabel is travelling to the Bank of England to face a panel chaired by the Bank’s deputy governor Charles Bean and three members of the Monetary Policy Committee.
Competing against five other teams from schools around the country, they will give a presentation assessing the risks to inflation and making recommendations to limit the inflation rate.
Annabel, who hopes to study accounting and finance at university next year, said: “Having listened to last year’s team presenting I realised that entering the competition was a good way to learn about real world economics beyond the A level syllabus.
“I focus on domestic demand in our speech so I have learnt a lot about certain indices that the Monetary Policy Committee use. The judges could ask some tough questions on domestic demand so I want to make sure I get everything correct. The competition has developed my presentation skills and given me more confidence.
“Although it’s nerve-wracking I’m very excited about the final. Not many people will be able to say they have visited the Bank of England and presented to the Monetary Policy Committee.”
