Michael Gove applauds Barclays' £1.25m schools support package
Wednesday 18 January 2012
Free schools and academies in England are to be offered 3,000 work experience placements for pupils with Barclays under a new package of support announced by the bank.
Groups could also be eligible for £5,000 in grants to help pay for research and plan bids to set up free schools from a £1.25 million fund created by the bank.
The measures were welcomed by Education Secretary Michael Gove, who said he hoped other companies would follow the example set by Barclays.
"I am sure that Barclays will be, as it were, the leader of the pack, the centre forward in a team effort that will see other companies that we will be talking about in weeks and months to come, pitching in to try and help the fantastic work that is going on in state education at the moment," he said.
Antony Jenkins, Barclays chief executive of retail and business banking, said they were "delighted" to be part of the programme.
He said: "We really do believe in the power of education to create social mobility, to create powerful effects in people's lives and to create economic growth, which of course is important to us as a bank."
Other measures announced by Barclays include encouraging senior staff members to sit on governing bodies of state-funded schools including academies and free schools.
A £15 million programme offering help in financial literacy education, or money skills, in schools and the wider community run by Barclays will also be expanded to target free schools and academies.
Mr Jenkins said the announcement was part of the bank's wider work in education.
"Barclays is a non-political organisation. We are happy to support this initiative - we think it is going to have a lot of impact - but it is not the only thing we are doing in the educational space by any means," he said.
He said the work experience placements would be targeted at 16 to 18-year-olds.
"We take our responsibilities in this area very seriously, so we don't just want people to come in and tidy up the photocopying room or make coffee for people," he said.
"We want them to truly have an experience of what it is like in the world of work."
Mr Gove and Mr Jenkins launched the scheme at Westminster Academy in north west London, described as a "fantastic" school by the Education Secretary.
The pair met pupils from Year 8 taking part in a money skills lesson helped by volunteers from Barclays.
interviewThe producer and activist, Trudie Styler, whose film 'Filth' is up for five film awards, is tapping into the industry's neglected female talent
interviewHer estate has become the nation's glossiest food empire
theatreTheatre's hitmaker Daniel Evans on 'Oliver' and bringing 'The Full Monty' to the stage
food + drinkMichelin-starred Tom Sellers on being this year's hottest property
tvParents (and kids) rejoice! A new wave of fantastic family entertainment is here
booksGeese, gorillas, grandads... and growing up
food + drinkHow one grocery e-tailer is gearing up for the Yuletide rush
food + drink
travelFor broadcaster Mishal Husain, a long-haul Club Med holiday was a chance for her family to explore its sense of 'zen' and 'animation'
Hundreds arrested as Canadian police smash worldwide paedophile ring
Nelson Mandela: 11 inspirational quotes to live your life by
Ja Rule forced to deny leaving wife for prison cell mate
Crash pilot who threatened Ukip leader Nigel Farage found dead
Japan cracks down on leaks after scandal of Fukushima nuclear power plant
- 1 Hundreds arrested as Canadian police smash worldwide paedophile ring
- 2 Sherlock series 3: Benedict Cumberbatch and Martin Freeman provide teasers for the biggest comeback in British television
- 3 Why Barcelona chose Everton to educate their latest prodigy
- 4 Mass murder in the Middle East is funded by our friends the Saudis
- 5 Japan cracks down on leaks after scandal of Fukushima nuclear power plant
- < Previous
- Next >
£70000 - £85000 per annum: Pro-Recruitment Group: An excellent Transfer Pricin...
£30000 - £44000 per annum: Pro-Recruitment Group: Pro-Tax are recruiting for a...
£50000 - £70000 per annum: Harrington Starr: C#.NET Developer (WPF, WinForms, ...
£30000 - £45000 per annum + Benefits: Harrington Starr: C# .NET Server Side De...