With the help of NatWest's local CEO for Bristol, Steve Smith; Shaz Bayat from NatWest's Customer Service Centre in Bristol, and local NatWest MoneySense and Community Engagement Coach Jackie Matthews, around 200 Year 10 students divided into groups to tender for the contract - planning and designing menus, as well as the supply and serving of the food, before being judged on their ability to present and deliver a project on time and to budget.
The activities were part of NatWest MoneySense for Schools, a national, curriculum-based programme of interactive modules, developed by the Bank with the help of teachers to teach business and financial skills to young people. MoneySense has a presence in over 60% of secondary schools across the UK and last year alone, NatWest staff, like Steve, Shaz and Jackie, delivered MoneySense lessons to over 335,000 young people delivering on the Bank's Customer Charter commitment to provide young people with financial education. Cotham School work with NatWest every March to run this event for their students as well as using further NatWest MoneySense lessons throughout the rest of the year.
Commenting on the event, Steve Smith, NatWest's local CEO for Bristol, said: "We've had a fantastic time and Shaz, Jackie and I have been really impressed with the creativity and business acumen the young people have shown. It's been great to see the team work displayed by the members of the different 'companies' and to watch their self-confidence grow as the day went on. The importance of financial capability for young people cannot be underestimated as it's essential that they are equipped with the skills and confidence required to make decisions in adult life."
Thelma Weadon, Head of Work Related Learning at Cotham School, said: "This has been a great activity, which the young people have really enjoyed. It's very important that they gain basic money management skills and have the opportunity to develop their entrepreneurial and creative abilities. This activity is an extremely practical and fun way of doing this and brings alive what happens in real life. We can't thank Steve, Shaz, Jackie and NatWest enough for making such a wonderful programme available to our students and for coming along to help us deliver it."
MoneySense for Schools has been developed in partnership with teachers to help schools and colleges teach personal money management and enterprise skills within the curriculum. It consists of a series of modules each of which can stand alone or be used in conjunction with others. It aims to engage young people in a variety of role playing scenarios, online and other interactive learning exercises to give them experience of making financial decisions.
Any schools or colleges wanting to find out more about the MoneySense programme, how to get the FREE materials or how to get the support of a NatWest member of staff, should contact local NatWest MoneySense and Community Engagement Coach, Jackie Matthews on 07795 237964 or visit the MoneySense website at moneysense.natwest.com.