Education & Skills
Some of the challenges we face
Up to 1 in 4 UK jobs goes unfilled because of skills shortages
Around 10% of 16-24 year-olds in the UK become NEET
UK productivity is 18% below the average for the rest of the G7
England has the worst teenage literacy levels of any OECD country
How are we helping to solve this problem?
Across our funds, our Education & Skills investments have been addressing challenges like these by helping to re-engage disaffected young people with education; by encouraging more school leavers into vocational training; by targeting better academic outcomes in underserved areas; by helping to up-skill UK workers; and more.
Our businesses, like the Babington Group, help young people into apprenticeships and provide them with the skills training and support they need to gain employment >>
In 2009, Bridges invested in Babington Group, a high-quality education provider, that delivers skills training across a variety of sectors. It is also a pioneer of the UK apprenticeship programme.
Since investment, Babington supported over 32,000 learners and helped over 3,700 formerly unemployed people back into work. In 2015 alone, it trained 1,600 16-18 year-olds at risk of becoming NEET (Not in Education, Employment or Training) with about two-thirds of these students coming from underserved areas.
London Early Years Foundation
LEYF is a charitable social enterprise that provides early years education through nurseries in London.
LEYF operates in some of the most disadvantaged areas in London, where there is typically an under-supply of high quality nurseries. It operates an innovative ‘balanced portfolio’ business model which enables it to provide a consistently high quality of nursery education in all the areas in which it operates.
Some examples of our impact
Previously unemployed students known to be in employment
Learners have been supported
Qualifications achieved by at-risk-of-NEET students
Our latest News & Views
Fortune magazine looks at the rise of impact investing education in top business schools across…Read full article 14th July 2016
Social sector organisations should be playing a much greater role in delivering outsourced public services…Read full article 13th July 2016