Antony Jenkins, Chief Executive, Barclays Retail and Business Banking, hosted an event yesterday at the House of Commons in the UK.
Antony introduced Members of Parliament to Barclays Money Skills, an industry-leading community investment programme which aims to help one million people manage their finances.
He discussed the programme’s latest developments, including the use of new technology and innovative communication channels to engage young people.
Guests at the event included Chloe Smith MP, Economic Secretary to the UK Treasury, and representatives from charities such as Action for Children, the National Youth Agency, Citizens Advice Bureau, Which? and the Money Advice Service.
Delegates used iPads to experience how Barclays Money Skills has taken advantage of digital and social media to offer youngsters an opportunity to learn more about money matters through websites, videos, games, as well as an online competition organised in conjunction with broadcaster Channel 4.
Two young people taking part in the programme were also in attendance. They spoke about the positive and lasting impact Barclays Money Skills has had on their lives and discussed their roles as ‘champions’, sharing what they learned with friends and peers.
Antony said: “Barclays has made a long-term commitment to addressing the issues of financial exclusion and capability. Projects like Barclays Money Skills that build financial inclusion, financial capability and support enterprise are vital to society and will ensure a brighter future for young people and vulnerable groups.”
Members of Parliament were given a toolkit which included resources they can share with local charities, helping their constituencies improve their money management skills.
Barclays Money Skills is part of Barclays wider community investment programme, which forms an integral part of the firm’s Citizenship strategy. With a focus on financial, enterprise and life skills, Barclays supports disadvantaged people to build the confidence and skills to achieve financial independence and security.