Churchill College is pleased to announce that thanks to a generous donor, a fund has been established to support an annual prize of £500 for undergraduate economics students in memory of Philip Patrick Turner.  Sadly, Philip died in January 2024.  He was an undergraduate at Churchill and earned a First in economics in 1973, and was awarded the Wrenbury prize.

He then went on to gain his Ph.D. in economics from Harvard University and held leadership roles at the OECD in Paris and the Bank for International Settlements in Basel.  He was a visiting Fellow at the National Institute for Economic and Social Research (NIESR) and editor of Central Banking.  He was married to Carola and is a much-missed husband, father, brother and grandfather.

After he retired from the Bank, he taught at the University of Basel.

The prize will be awarded by the College to the students who excel academically in gaining a first-class degree in the subject, and with preference for those who may be from backgrounds where their families didn’t have previous University experience.

Thanks to the generosity of the donor, who wishes to remain anonymous, the prize will be endowed in perpetuity and the first award will be made in July 2025.