Four of our Lower Sixth Economics pupils have achieved an impressive milestone by taking part in the semi final of the Institute for Economic Affairs annual Budget Competition. The event, held at the University of Buckingham Vinson Centre for Economic Understanding, brought together the top young economists from across the country.
This year the competition saw more than 300 applicants from 173 schools, so reaching the final 12 teams is a significant accomplishment. To secure their place, the Sutton Valence team consisting of Max H, Theo D, Sophia L and Charlie W submitted a 5,000 word proposed budget for the UK economy. Their written work was praised at the outset of the semi final session by Professor Juan Castaneda, Director of the Vinson Centre.
As the first team to present, the pupils delivered a confident and well rehearsed ten minute presentation, clearly outlining their ideas and recommendations. This was followed by ten minutes of challenging questions from the judges, Dr Steve Davies, Head of Education at the Institute of Economic Affairs, and Professor Castaneda. The team responded with clarity and assurance, demonstrating both strong preparation and a thoughtful understanding of current economic issues.
Following their presentation, the pupils were able to listen to the proposals of the other competing teams and had the opportunity to network with fellow participants and the judging panel. They received useful feedback from the judges which they have already discussed in preparation for the possibility of progressing to the final stage of the competition.
Reflecting on the importance of the experience, Mr Metcalfe said, “This competition is an excellent opportunity for pupils not only to look at solutions to real economic problems but also to present to real world economists.”
Speaking about the day, Max H commented, “The Buckingham semi finals taught us that a bold budget needs more than just big ideas; true change does not come from just spending money, but from building a solid floor for those ideas to stand on.”


