Listening to young people
We want to know what young people think about issues like jobs, the future of money, financial education and how we communicate. This helps us understand the economy better.
That’s important because the work we do affects everyone in the UK. So we need to hear about the experiences of people of all ages and backgrounds.
The Bank of England’s youth engagement changed in 2023 to feature a series of Youth Panels held across the UK, where we hear from people between 16 and 19 years old. Its purpose is to provide a way for us to engage with young adults, who we have struggled to reach through other means in the past. By listening to young people, we can gain insight on a range of issues, from policy matters to helping us understand how to communicate better with people in that age range.
By getting involved, young people can gain confidence and improve their communication skills by sharing their views and listening to the views of people in their age group.
In 2023 we held Youth Panels in the UK where we heard from young people at St Joseph’s School in Newport Wales (pictured below), Sir Isaac Newton Sixth Form in Great Yarmouth and Legacy Youth Zone In Croydon.
We also heard from young people from St Francis Xavier Sixth Form in Clapham about the future challenges facing the UK economy through our new Horizon Scanning Challenge.