Bank of England and Financial Times School Blog Competition 2019/2020

We're looking for the best blogs written by school and college students on the subject of the economy and climate change.

The competition is now open!

We're inviting UK school and college students, aged between 16 and 19, to send us a blog of up to 500 words on this year's theme: the economy and climate change.

The competition closes on Friday 31 January. We will email the winners in April. 

Staff from the Bank of England and the Financial Times will judge the entries. They’ll be looking for originality, clarity, analytical insight and good writing.

The winning blogs will be published on our Bank Underground blog and on the FT’s website.

For our 2018/19 competition, the theme was the future of money. Read the winning blogs

This year’s theme: the economy and climate change

We’re concerned about climate change. Its impact is already visible: glaciers are shrinking, sea levels are rising and heatwaves are intensifying. And a threat to the environment is also a threat to the economy. 

Climate change, and society’s response to it, presents risks that could impact our monetary and financial stability objectives. Financial and economic risks can arise from events such as floods and droughts, e.g. insurance firms facing higher claims. Risks can also arise in the transition to a low-carbon economy, like changes in government policy and technology. 

We want students to explain, in no more than 500 words, what can be done to mitigate those risks. They may want to consider the roles played by government, companies, regulators and/or investors. Their arguments should be backed up by sound reasoning and, if possible, relevant data. 

Our Bank Underground blog has featured a number of posts on climate change. For example: 

  • Climate change is one of the most significant issues of our time and the Bank of England has helped advance analysis and action on its financial implications. While there has been progress in recent years, like virtually everything else in the response to climate change, the development of sustainable finance is not moving fast enough for the world to reach net zero. My recent remarks at the UN summarise what needs to be done to bring climate risks and resilience into the heart of financial decision making.

    Of course, a fundamental challenge is that decisions today will have enormous ramifications for the future. So it’s vital to hear young people’s voice. This year’s blog competition provides an opportunity for you to tell us what central banks, governments, companies and investors can do to mitigate some of these risks and seize the opportunities as we transition to a low carbon future.

    I look forward to hearing your views.

Free access to the FT

The FT schools programme offers free access to the FT for 16 to 19 year olds in education, their teachers and schools.

How to enter

To enter please send your blog to education.programme@bankofengland.co.uk with the subject heading “Student blog competition”. Please also include your full name, date of birth, school name and postcode and the email address of a teacher

Competition rules

Entrants must be aged between 16 -19 and in full-time education at a UK school or college.

Entries must be no longer than 500 words with a maximum of two charts or infographics.

We will only accept one submission per person. If teachers are organising submissions they are asked to submit the best five blogs from students; group entries of more than five may be disqualified. Unfortunately, we are not able to offer feedback on entries.

The competition closes at midnight on Friday 31 January 2020. 

Winners will be notified via email in April 2020.

Terms and Conditions

  1. By entering the competition, entrants agree to these terms and conditions. Failure to comply with these terms and conditions may result in disqualification.
  2. Entries must be in English, and submitted in Word or PDF format.
  3. Employees and immediate family members of employees of The Bank of England or the FT, employees of FT's associated companies, professional advisers, advertising and promotional agencies or anyone else professionally associated with this competition are not eligible to enter.
  4. Entrants warrant that their entries are not offensive, defamatory or otherwise unlawful, and are unique, have not been plagiarised and do not infringe the intellectual property rights or any other rights of a third party.
  5. By submitting an entry, entrants grant to FT and Bank of England a worldwide, perpetual, non- exclusive, royalty free licence to publish their text and use the entry, in whole or in part, in any way they see fit, including, but not limited to, for publishing on the Bank Underground Blog and on ft.com, without compensation to the entrant. Rights to edit copy where the publishers deem necessary is reserved although entrants will be fully credited. Publication on ft.com is at the sole discretion of the FT. 
  6. The judging panel's decisions are final and binding and no correspondence will be entered into.
  7. There is no fee to enter the competition.
  8. No responsibility for late, incomplete, corrupt or lost entries will be accepted.
  9. Bank of England may, at its absolute discretion, cancel, suspend, or vary the competition.
  10. Exclusion of liability: FT and Bank of England are not responsible for (i) any incorrect or inaccurate information used in connection with the competition; or (ii) failures or errors which may occur in the administration of the competition. To the fullest extent permitted by law, FT and Bank of England exclude liability and entrants agree to release and hold harmless Bank of England and FT for any damage, loss, liability or injury to person or property or for any claim arising as a result of your entry into the competition.
  11. These terms and conditions and the competition will be governed by English law and any disputes arising shall be  subject to the exclusive jurisdiction of the English Courts.
  12. The promoter is the Bank of England, of Threadneedle Street, London, EC2R 8AH.

How we use your information

Information we collect

When you enter this competition, the Bank of England ('we' or the 'Bank') collects your personal details. This includes your name, date of birth, school email address, school details and the email address of your teacher.

Why we need your personal data

We collect this personal data to assess your eligibility for the competition (see terms and conditions above), to otherwise administer the competition and to publicise winning entries.

If you do not provide the information, we will unfortunately be unable to accept your entry.

What we do with your personal data

We will share your entry and details with the Financial Times so that a panel of judges, from both the Bank and the Financial Times, can review your entry. You can view the Financial Times Privacy Policy.

We will keep your personal data for 3 years in order to invite you to enter future competitions.

You can request that we no longer use your personal data, by writing to us at:

Outreach and Education Team,
Bank of England,
Threadneedle Street, London EC2R 8AH

Your rights

You have a number of rights under data protection laws (for example, you have the right to ask us for a copy of the personal data we hold about you. This is known as a 'Subject Access Request'). You can ask us to change how we process or deal with your personal data, and you may also have the right in some circumstances to have your personal data amended or deleted.

To find out more about those rights, to make a complaint, or to contact our Data Protection Officer, please see Privacy and the Bank of England.

This page was last updated 14 October 2019
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