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Northwood pupils make history with the first ever youth budget to the Treasury
TWO pupils from a Northwood school have etched their names in the history books after presenting the first ever youth budget to the Treasury.
Michael Shneerson and Laurence Xu, both students at Merchant Taylors' School, pitted themselves against 248 teenagers in the Chance to be a Chancellor competition.
The annual contest gives young people the opportunity to express their views about the country's finances.
The boys, aged 16 and 17 respectively, impressed a panel of judges with their explanations of how public spending should be prioritised.
Although narrowly beaten to the title of Youth Chancellor, which was given to 15-year-old Priyesh Patel, the pair joined the winner and seven runners up to present first youth budget to Sir Nicholas Macpherson, permanent secretary at HM Treasury, on March 30.
Andy Thornton, chief executive of the Citizenship Foundation, a charity dedicated to developing youngsters knowledge of democracy and public life, said: "When informed, young people can take difficult decisions about how to manage the economy.
"They have a valuable and interesting contribution to make to this important public debate and the youth budget is an attempt to channel that voice, so young people get their say on significant economic issues of the day."
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