Target Two Point Zero - Interest Rate Challenge Winner Announced Today

Six months of preparation paid off for Cranbrook School as their team won the fifth national final of the Bank of England/Times Interest Rate Challenge, held today at the Bank's headquarters in Threadneedle Street, London.
Published on 18 March 2005

Their efforts were rewarded as the Governor of the Bank of England, Mervyn King, presented them with the Challenge Trophy and a cheque for £10,000 for the school.

Speaking at the presentation the Governor said, "I have been impressed by the commitment and enthusiasm of all the students and their teachers. The students can look on their performance with considerable satisfaction and a sense of achievement and I hope some of them will want to take their economics education further."

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