In short, the finance sector lures away high-skilled workers from other industries
LOL. When other industries aren't run by chinless public schoolboys where engineers are second class citizens, call me.
LOL. When other industries aren't run by chinless public schoolboys where engineers are second class citizens, call me.
In short - an industry run by in-bred, unintelligent, privately educated with a small and elite job network.
FWIW all the schools have relatively extensive scholarship programs whose breadth and funding is cyclical and dependent on the views of the Headmaster and Board.
Amusing anecdote: I attended Westminster (on a scholarship) under Tristram Jones-Parry who was known for both keeping the school at the top of the UK ranking for the duration of his tenure, and for expanding the scholarship programs. He was the quintessential "close to the troops" manager, he chatted with all pupils regularly, cornering them in the yard or the street to ask them their thoughts, and occasionally barging into a maths class and teaching it (incredibly well). When he retired and wanted to spend a bit of time teaching disadvantaged kids in state-run schools, his application was rejected by the government because he did not hold the appropriate teaching qualification. See: http://en.wikipedia.org/wiki/Tristram_Jones-Parry