Arab Today, arab today barclays to support new free schools and academies
Last Updated : GMT 14:08:37
Arab Today, arab today
Arab Today, arab today

Barclays to support new free schools and academies

Arab Today, arab today

Arab Today, arab today Barclays to support new free schools and academies

London - Arabstoday

Barclays Bank is to lend its support to England\'s new academies and free schools. The bank will offer £1m to groups that want to set up free schools and invest £15m in money management courses. It will also offer work experience to 3,000 pupils aged 16 to 18 from academies and free schools, and encourage staff to become governors. The National Union of Teachers accused the government of \"opening up schools to the market place\". A total of 24 free schools opened in September last year and 71 are due to open from this September. Academies and free schools are key parts of changes the coalition government has brought in. They are state-funded but with more freedom over the curriculum and teachers\' pay and conditions than other schools. The government wants all schools to become academies, which stand aside from local authority control. Free schools can be set up by groups including charities, businesses, parents and religious bodies. But critics opposed to free schools and the expansion of academies say this will lead to a two-tier system and the break-up of the state education system. Money management Barclays plans to expand money management courses already running in some schools over three years at a cost of £15m. It will also offer free banking to new free schools and academies, to help get them off the ground. Groups wanting to set up free schools could also be eligible for an average of £5,000 in grants out of a £1.25m fund to help pay for research and planning, Barclays says. The chief executive of Barclays retail and business banking, Antony Jenkins, said: \"It\'s a sizeable commitment. \"Barclays is supporting free schools and academies because we want to boost financial skills for young people.\" He added: \"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.\" Mr Jenkins said it was important to give children real work experience, not just \"tidying up the photocopying room and making coffee for people\" and those coming to Barclays would get that - and experience what it was like in the world of work. Education Secretary Michael Gove announced the link-up at an academy in central London, saying it would help underprivileged children because free schools were mainly being set up in poorer communities. \"I\'m delighted that Barclays have read the new educational landscape so clearly and decided to make a real difference,\" he said. \"Thanks to this commitment and generous package, students, teachers and governors will benefit enormously.\" Describing Barclays as one of \"Britain\'s most impressive and responsible companies\", Mr Gove said it would be the \"leader of the pack\" but he expected other companies to be \"pitching in to help in the fantastic work being done in state education\". \'Wrong\' NUT general secretary Christine Blower said: \"Children and young people should not be influenced at an impressionable age by whichever large company manages to gain a foothold in their school. \"This is, of course, Michael Gove\'s vision for the future of education in this country. It is extraordinarily flawed and will most certainly result in a two-tier system. \"Any successful business\'s involvement in a school will surely be decided on what returns they can reap for themselves. \"While becoming a golden goose for big business, Michael Gove\'s academies and free schools policy is utterly undermining the principle of a fair education for all\". Asked if Barclays was concerned about supporting the academies and free schools programmes when they had attracted strong criticism from teaching unions and others, Mr Jenkins said: \"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.\"  

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today barclays to support new free schools and academies Arab Today, arab today barclays to support new free schools and academies

 



Arab Today, arab today
Arab Today, arab today Fadi explains secrets of  Nancy Ajram's newlook

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Messi visit will contribute in tourism

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Zainab al-Maliki reveals herTV presenter models

GMT 18:12 2017 Friday ,24 February

Zainab al-Maliki reveals herTV presenter models
View News in Arabic - Education: كتب ومراجع وأبحاث
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Actress Lobna Abdel Aziz proud of her career

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday