Year 12 pupils visit Bank of England

Posted In Academic, Business

On Tuesday 22nd January, 25 of our Year 12 Business, Economics, Applied and Finance pupils went to London to visit the financial district. We enjoyed the Bank of England self-guided tour and then had an hour-long talk from one of their Educational teams. They focussed on how the financial system works, how it is regulated and how the Bank reacted during the global financial crisis.

Afterwards, we went to the offices of Tokio Marine Kiln who hosted us for lunch in the ‘walkie-talkie’ building, the views from the building were spectacular! It was a ‘working lunch’ where the director of MGAA (Managing General Agents’ Association), Peter, gave us a talk on the world of insurance and how it will evolve during the post-Brexit years.

After lunch, Tokio Marine Kiln gave us a guided tour of Lloyd’s of London insurance market. It covered the history, tradition and direction of the insurance market. The pupils found the tour fascinating and inspiring, with many using it as a networking opportunity to perhaps enter the world of insurance in the future. A huge thanks to MGAA, Tokio Marine Kiln and Lloyd’s of London for hosting us, we are already looking forward to next year’s annual outing.