Barclays Money Skills programme to work with three charities
Howard Lake | 2 March 2011 | News
Barclays is to work with Action for Children, The National Youth Agency and the National Skills Academy for Financial Services, as part of the Barclays Money Skills programme, which aims to provide one million young adults with the knowledge and confidence they need to manage their money effectively.
The programme, which launched in 2009, is intended deliver effective financial education to disadvantaged and hard-to-reach people across the UK. The charities have been selected to help deliver support and help explore new ways to inspire young people to experience the programme whether in face to face workshops, peer-to-peer mentoring sessions and online.
Deanna Oppenheimer, CEO Barclays UK Retail Bank, said: “By partnering with these charities, we will reach vulnerable people we have not reached before. It is essential that young people are given the best start in life and having good financial capability is vital in enhancing their life chances and preparing them for independent living”.
More than 120 Barclays’ staff will work alongside Action for Children project workers at 31 projects across the UK to provide intensive coaching on money management issues.
Barclays and the National Skills Academy for Financial Services will provide 150 colleges and 90,000 students with Barclays Money Skills learning Weeks, which include seminars and workshops led in part by Barclays’ volunteers.
Barclays will work with a consortium of six charities, led by the National Youth Agency, to deliver Barclays Money Skills Champions, a peer-to-peer mentoring financial capability programme to support disadvantaged young people.
www.barclays.com
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.