Mind the Rate!: Interest rates and the Bank of England

Dr Edward Jones from Bangor University walks Year 11 to 13 students through what interest rates are, how the Bank of England's Monetary Policy Committee sets them, and why rate changes create winners and losers. He works through simple examples (£100 borrowed at 5% versus 10%) and explains central bank independence in a way that lands cleanly for students new to macro. Useful as an introduction before formal teaching on monetary policy, or as a recap. Pacing is slow because of audience interaction breaks, so I would show 0:00 to 15:00 for the definitions or 18:00 to 33:00 for the analysis of borrowers and savers rather than the full 45 minutes. Accessible to all A-level students and fits both AQA and Edexcel macro content. The closing section features Beth, a Welsh Government policy economist, talking about her career path, which is handy for aspirations sessions.  Watch here