Two students, from De Salis Studio College in Hayes and Queen Elizabeth School in Barnet, have shared first prize in the 2017 Young Financial Journalist of the Year competition.
Nida Hossain, 14, from De Salis won in the 14-16 category, while Nikhil Shah, 17, from Queen Elizabeth triumphed in the 17-19 age group, with both successfully discussing how financial education will help them meet the challenges they will face throughout their lives.
The Young Financial Journalist of the Year is a national competition, run by financial education charity, The London Institute of Banking & Finance. It is designed to encourage teenagers to consider some of the main financial issues they may encounter, from student loans and debt to pensions and savings. The competition also asks them to consider how financial planning and understanding will help them throughout their lives.
Both students will now win £150 each, having been chosen as the winners by BBC Business Presenter Steph McGovern from a multitude of entries.
Steph McGovern, BBC Business Presenter and judge of the competition, said:
“Both entries instantly grabbed my attention with their understanding of a complex array of subject material and the clarity and engagement in which they presented their arguments. In both pieces the personality of the writing shone through and they had clearly done a lot of research into the many challenges young people will face.”
Alison Pask, Managing Director, Financial Capability & Community Outreach, at The London Institute of Banking & Finance, said:
“The Young Financial Journalist of the Year competition encourages teenagers to think broadly about their futures and the financial challenges they may encounter, not only now, but also in the short and long-term. It also develops a range of skills, from research and planning to writing and communication which will help them in their wider studies.
“This year we intentionally chose an open question which would test the competitors’ creative thinking and financial understanding and consequently the standard was particularly high. Our congratulations go to Nida and Nikhil for their winning entries and we wish them every success in honing their journalistic skills and financial understanding even further.”
For more information on The London Institute of Banking & Finance’s financial capability programmes, please visit: www.libf.ac.uk/study/financial-capability