The Barclays Money Skills programme will be run in partnership with Action for Children, the National Youth Agency and the National Skills Academy for Financial Services. It aims to reach one million young people by 2012.
Under the proposals, more than 120 Barclays staff will work alongside Action for Children project workers to provide intensive coaching on money management issues. Sessions will be held at 31 projects across the UK, with the target of reaching 2,500 people from disadvantaged backgrounds.
In 2011, Barclays and the National Skills Academy for Financial Services will run money skills learning weeks at 150 colleges.
Barclays will work with a consortium of six leading charities, led by the National Youth Agency, to deliver Barclays Money Skills Champions – a peer education programme to support disadvantaged young people. This programme will be rolled in partnership with Citizens Advice, Rathbone UK, UK Youth, YouthAccess and YouthNet.
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