Target 2.0 Team Win Northern Heat
Wednesday, 30 November 2016
A team of Boys’ Division pupils have won the Northern Heat of the Bank of England’s Target 2.0 challenge. The team was captained by Caleb Hall-Paterson and also included Khubaib Akhtar, Rohit Bagewadi and Nat Roohan.
The Target 2.0 competition asks students aged 16 to 18 to act as the Bank’s Monetary Policy Committee: they have to assess economic conditions and set the interest rate accordingly to meet the Government’s target of 2.0%. All teams present their analysis and decision before a panel of judges.
The Bolton School team delivered an excellent presentation on the day of the Northern Heat. The judges said that they were the unanimous winners against a strong field of local independent schools.
Caleb, Khubaib, Rohit and Nat will now go on to compete in the Area Final at the end of February against the best teams from Ireland, Scotland and North East England.