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On target for success
13th January 2015

With Oundle School reigning national champions, a team of five pupils are on target for further success, having recently won this year’s Regional Heats in the Target Two Point Zero Bank of England and Times Interest Rate Challenge. The pupils now go through to the Area Finals which will take place in February 2014.
Captain Di Bevan (17), Will Ashton (17), Charlie Fletcher (18) and Andrew Watson (17) presented their findings to a panel of three judges, ably supported by Matt Barringer (17), without whom, success would not have been possible.
With Oundle School reigning national champions, a team of five pupils are on target for further success, having recently won this year’s Regional Heats in the Target Two Point Zero Bank of England and Times Interest Rate Challenge. The pupils now go through to the Area Finals which will take place in February 2014.
Captain Di Bevan (17), Will Ashton (17), Charlie Fletcher (18) and Andrew Watson (17) presented their findings to a panel of three judges, ably supported by Matt Barringer (17), without whom, success would not have been possible.
 
Teams had to act as the real Monetary Policy Committee would and undertake economic research and analysis by examining current economic conditions, and assessing the outlook for the economy and inflation. They then had to present their findings to a panel of judges in competition with other schools in the area and make a monetary policy recommendation with supporting arguments and evidence to achieve the Government’s inflation target of 2.0%.
 
Di commented, “In our presentation, we opted to hold interest rates at 0.5% and maintain asset purchases of £375bn until we see significant real wage growth throughout the economy and the slack being used up at a faster rate.

After last year's huge success, the pressure was on to maintain the high standards set and it felt fantastic to win. We've all worked very hard on this and put a lot of time on effort into the performance. We're very grateful to our Head of Economics, Mr Tanweer for all his support and knowledge.” 

Head of Economics, Mo Tanweer commented, “The Oundle team of pupils presented very strongly and answered the panel’s questions excellently. They should be rightly proud of their achievement.”

The Area Finals will take place in February 2014.

 

Background Information on Oundle School

Oundle School is situated in the quintessentially English market town of Oundle, about 90 miles north of London. The School’s buildings, dating from the 17th to the 21st centuries, are dispersed throughout the town, which is, to a large extent, its campus. 

The School’s history dates back to 1556, when Sir William Laxton, Master of the Worshipful Company of Grocers and Lord Mayor of London, endowed and re-founded the original Oundle Grammar School, of which he was a former pupil. In 1876, the Grocer’s Company divided the School into two parts; Laxton Grammar School, primarily for the inhabitants of the town, and Oundle School, primarily for pupils from further afield. In 2000, the Grocers’ Company reunited the two schools under the common name of Oundle School and retained the name of Laxton for the day House. 

At the beginning of the 20th century, Oundle was put firmly on the map of leading English public schools by its most famous headmaster, F W Sanderson, who established Oundle’s reputation as one of the great science and engineering schools, a reputation still renowned today. In 2007, SciTec - a major and ground-breaking new science complex - opened, housing 16 state-of-the-art laboratories. The School is now embarking on a large SciTec Campus development project which will see a new Mathematics department constructed adjacent to SciTec as well as a significant upgrade to the Design and Technology department within the Patrick Engineering Centre. Due for completion in September 2016, the development will unite Science, Mathematics, Design, Technology and Engineering both physically and philosophically, enabling pupils to move seamlessly from theory to practice and from pure science to the achievement of a workable technology. A concurrent Sports Masterplan will upgrade sporting facilities across the School over the next few years, including a new 1st XI cricket pavilion due to open April 2015.  

There are currently 1110 pupils on roll at Oundle School, with 850 boarders and 250 day pupils. Also within the Corporation of Oundle School is Laxton Junior School, a day School for children aged 4 to 11. 

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