CITY OF LONDON

You are in the section:
City of London > Media centre > News 2008 > City of London Corporation throws open doors for the next generation
Links in this section:

News release


1 December 2008

City of London Corporation throws open doors for the next generation

The City of London Corporation welcomed 15 students aged 16-19 from BSIX Brooke House Sixth Form College, Hackney on Thursday 27 November to give them an day of unique ‘behind-the-scenes’ insight into the world of work.

In the morning, representatives from City of London Corporation allowed the students exclusive access to its offices, ran workplace tours and allowed students to quiz senior executives on what life is like at the top in various City Corporation functions, including City Affairs, employee volunteering, the City business model and experience of the City.

A Capital Experience is one of over 30 economic regeneration projects run by City of London Corporation which focus on increasing educational attainment in City fringe schools and raising the aspirations of young people in the City fringes to gain employment in the City. The schemes also maximise access and employment opportunities for City and City fringe residents.

The visit was part of a day-long event, A Capital Experience, organised by aspiration-raising business-education programme Career Academies UK and which involved 1,000 young people and 40 top London-based companies.

Stuart Fraser, Chairman of Policy and Resources at City of London Corporation, says: ‘We must work closely with the next generation to develop a diverse and skilled future workforce. By welcoming these young people to City of London Corporation, we can equip them with inspiring, work-related learning experiences and open their eyes to the career options available to them.’

The City of London Corporation currently supports the Career Academy programme year round under which sixth form students undertake a two-year curriculum equivalent to three A-levels, complemented by real life workplace experience, visits to businesses and guest lecturers in the classroom.

After their visit to City of London Corporation, students gathered at the Royal National Theatre to share their experiences, participate in a range of business-related activities and hear inspiring words from Miles Templeman, Chief Executive of the Institute of Directors (IoD) and top motivational speaker Action Jackson.

The students also heard from three of the Prime Minister’s Global Fellows, who have recently returned from placements in the developing economies of Brazil, India and China.

John May, Chief Executive of Career Academies UK, said: “A Capital Experience is a day when the doom and gloom of the continuing economic crisis should be put to one side as businesses across London throw open their doors to young people who aren’t a million years away from entering the workplace. After all, the future of this country – and our place in the global economy – will be in their hands.”

Working particularly with students from diverse backgrounds and areas of social need, who would not normally have access to such opportunities, the Career Academy programme has a demonstrable impact on progression rates into higher education and retention rates between Years 12 and 13.

92% of Career Academy graduates go on to higher education, or an equivalent level of work-related training, compared with a predicted 40% based on their GCSE performance at the start of the programme.

www.careeracademies.org.uk

Ends

For further information, please contact Rain UK – Rosalind Jeffcoat on 00 44 (0)20 7222 4345 or email rosalind.jeffcoat@raincommunications.co.uk

Notes:
The City of London Corporation is the “business authority for the business district” and supports the international financial services industry based in the UK, with its heart in the Square Mile and, importantly, works in key regeneration partnerships with inner London neighbouring boroughs. The City of London Corporation provides local authority services for the Square Mile but also works across wider London and UK.

Career Academies UK is a registered charity set up by the business community in 2002, inspired by Career Academies in the US. We lead and support a movement of over 500 employers – from global corporations to SMEs – and schools and colleges, working together to raise the aspirations of 16 to 19-year-olds.

Its formidable Advisory Board is chaired by the Chairman of Citi, Sir Win Bischoff, named in 2008 as the most influential business leader in The Times’ Power 100. From a pilot in three institutions, over 100 UK schools and colleges are involved in the Career Academy programme. www.careeracademies.org.uk

The Prime Minister’s Global Fellowship is funded by the Department for Children, Schools and Families to nurture outstanding talent and enterprise in young people. The programme was devised with and managed on behalf of the DCSF by the British Council. The first Global Fellowship ran in summer 2008 when 100 exceptional school and college leavers from across England spent six weeks experiencing the major new global economies of China, Brazil and India at first hand including two weeks as guests of major global companies including Shell and HSBC. www.global-fellowship.org


Valid XHTML 1.0 Transitional