City assistance

9th May 2008 at 01:00
High-flying city financiers will be asked to spend their retirements managing the budgets of their local schools, as government advisers recruit a pin-striped army of 13,000 school business managers
High-flying city financiers will be asked to spend their retirements managing the budgets of their local schools, as government advisers recruit a pin-striped army of 13,000 school business managers.

The National College for School Leadership (NCSL) has been awarded pound;2 million to put expert business directors in a selection of schools for 12 months. A study by Sir Michael Barber, the former Downing Street adviser, shows that these business managers could generate an extra pound;60 per pupil and save heads 18 hours a week.

Toby Salt, NCSL strategic director, said: "I think it could potentially make the role of headteacher of a small school sustainable."

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