Bank of England Governor teaches a lesson at Alsop

On Thursday 16th November, Mr Mark Carney, Governor of the Bank of England, made a historic visit to Alsop High School.

The visit arranged, through the Speakers for Schools Programme, provided a fantastic opportunity for Alsop students to learn about the workings of the Bank of England and the British economy.

Mr Carney was welcomed to Alsop by Head Boy, Luke Hogan and Head Girl, Alex Birkett. After a tour of the school, Alsop students led an assembly about social justice. Mr Carney entered a packed hall as Agata Blonska played “I Need Something” on guitar. The worship included an amazing performance of “I Dreamed A Dream” from Les Miserables, by Faye Colebourn.
During the assembly students spoke about how the wealth of the UK is not shared fairly, and the poverty faced by the increasing numbers of people who are using Trussell Trust. They also spoke about the “Common Good Schools” pilot at Alsop, developed in partnership with Together for the Common Good. Students told Mr Carney they want to see an economy that benefits everyone, not just the privileged few. They reaffirmed their belief that they can help create a new human economy to foster a better and fairer society.
The assembly ended with a beautiful rendition of “Seek Ye First the Kingdom of God”, performed by the pupils of St Mary’s CE School, West Derby.
Mr Mangan, Headteacher reflects:
“This was an amazing day. It was an honour and privilege to host Mark Carney. Mr Carney was a great inspiration to Alsop students. His engaging, motivational speech is something Alsop students will remember for the rest of their lives.”
“We are delighted that out of the 125 students who progressed onto Higher Education, several are studying business and finance related degrees. Who knows, one day an Alsopian may be working for the Bank of England.”
At the end of the worship, Mr Carney addressed the assembled students. He told the students that was educated in a similar school to Alsop in the Canadian Arctic region. He developed an interest in economics, working in the private sector, before moving to the public sector and then becoming Governor of the Bank of Canada in 2008. He became before Governor of the Bank of England in 2013.
Mr Carney advised the students to:
“Think about what you really like and what interests you, because if you like what you do you’ll be more successful.”
He said:
“Even economists have passions and life happens when you’re busy making plans.”

Mr Carney also disclosed that his guilty TV pleasure is watching “The Great British Bake-Off”. He also declared that he was a great fan of Everton Football Club.

The audience, which also included students from Florence Melly and Pinehurst Primary School, asked Mr Carney a number of questions.

Q. What is the Bank of England doing with the old £1 coins?

A. The Royal Mint is collecting them in (not actually the Bank of England).

Q. What is your favourite London football club?

A. “That’s difficult. In this City, it’s Everton, because my cousins are Evertonians, but in London he thinks it has to be Tottenham”.

Q. Do you have the keys to the bank safe?

A. “No – multiple people are needed to access the safe.”

Q. What did the world look like during your school days?

A. “It looked a lot bigger because people did not have the instant access to the media, like they do today. Only very big world events were reported.”

Q. What word best sums up your vision?

A. “Inclusive – make sure you benefit from different perspectives to help make an inclusive economy.”

Q. What are things are you afraid of?

A. “I am not wild about heights and I have been asked to abseil down the Bank of England. At work I am not afraid of anything.”

Mr Carney also assisted Ms Pam Jones to deliver a Business Studies lesson to Year 11 and Year 13 students. Mr Carney engaged with the class and took an active role within the lesson.

View a video of the trip  here.