Partly Cloudy

Partly Cloudy

max temp: 7°C

min temp: 0°C

Search

East Anglia: Business leaders support Lord Young’s ‘Enterprise for All’ report

PUBLISHED: 13:23 20 June 2014 | UPDATED: 15:11 20 June 2014

Lord Young, the prime minister's enterprise adviser, has published his Enterprise for All report detailing how the education system can help give youngsters entrepreneurial skills.

Lord Young, the prime minister's enterprise adviser, has published his Enterprise for All report detailing how the education system can help give youngsters entrepreneurial skills.

Archant

A report by former government minister Lord Young suggesting measures to foster an entrepreneurial spirit among young people has been welcomed by business leaders in East Anglia.

Lord Young’s study, Enterprise for All, proposes a range of initiatives covering age groups from primary school pupils to undergraduates.

He says that the end of the “job-for-life” culture means that young people are likely to have multiple careers during their working lives, with a greater probability of running a business of their own.

Under his recommendations, even the youngest school children would be taught about the role and importance of business and the need to make a profit. Other plans include allowing secondary school pupils to create their own start-up businesses and the creation of an enterprise society in every university.

Lord Young said: “The most employable skills of all are the three Rs but they, by themselves, may not be sufficient unless accompanied by an enterprising attitude.”

And he added: “Enterprise means far more than just the ability to become an entrepreneur. It is an attitude and set of skills that are vital in today’s growing global economy.”

The recommendations were backed by Kevin Horne, chief executive of regional enterprise agency NWES, which includes a charitable arm that works extensively with schools.

“This is not about turning out ‘little Alan Sugars’ but about getting people to think in an enterprising way and developing team skills and leadership skills,” he said.

“Hopefully, it will lead to some of them running their own business − there is nothing wrong with that − but the idea is to add to the curriculum and to provide social skills and employability skills.”

Mr Horne added: “The report says that education and business should not be two separate spheres. I believe that is correct, and that we should start at an early age.”

Lord Young’s report was also broadly welcomed by Suffolk entrepreneur Henry Catchpole, although he cautioned that it would be wrong to place excessive emphasis on profit.

Mr Catchpole, formerly head of pensions business Suffolk Life, which was sold to Legal & General in 2009, and now chief executive of management software company Inform Direct, said: “Lord Young may be slightly optimistic that teaching primary school children how to set up a business and make a profit will foster a new wave of entrepreneurs.

“However, that is not to say it should be shouted down. Indeed, ‘business’ could be a great topic for practicing the 3Rs, which after all are the fundamental skills that everyone needs whatever they subsequently turn their hand to.”

He added: “Where the idea is embraced it will be important that schools do not simply equate success with the amount of profit made. Any businessman will tell you that their greatest lessons have been learned from what didn’t work!”

Shane and Zoe Coldron were Chantry School childhood sweethearts. But unexpectedly Zoe, 44, collapsed and died last week. Her husband Shane has spoken about how the family is coping, plus the overwhelming support he has received.

East Anglia’s rail services faced a day of chaos as the morning storm brought trees down across several routes.

Broadcasting group Celador faces a rival bidder for the renewal of the Ipswich commercial radio licence which it acquired last year.

Two vehicles have collided on the B1078 this afternoon between Clopton and Charsfield.

Suffolk police received 680 calls in five hours during the high winds this morning - 600% more than in a usual day.

Reporter Gemma Mitchell has compiled a varied but by no means exhaustive list of influential women who have made their mark in Suffolk, from business and charity leaders, to educators and campaigners.

Major traffic disruption and storm damage is being reported across the region today as gusts of up to 80mph were recorded in Suffolk and north Essex.

A Suffolk woman has told of the part she played in forcing The Sun to scrap Page 3 topless women.

Body positivity is a term that is bandied about a lot at the moment and that can make it sound flippant, unimportant and self indulgent, writes Kate Dickinson.

An MP has told parliament 20 people died in instances when ambulances arrived late to emergencies in East Anglia during a spell of intense pressure over the Christmas period.

Most read

Show Job Lists

Topic pages

Newsletter Sign Up

Sign up to receive our regular email newsletter
MyDate24 MyPhotos24