26 November 2009
Matthew Choi, Eric Gartz, Sam Newman and Jonathan Wong competed today in the Bank of England's "Target 2.0" competition.
The team were required to give a fifteen-minute presentation on the current state of the economy and then field questions from three Bank of England judges. The team decided to hold interest rates at 0.5% and, by a vote of 3 to 1, maintain quantitative easing at £200bn. They beat teams from Radley College, Wood Green School, Stowe School, The Royal Latin School and Headington School. They now proceed to the South East of England final.