Talk about Newsnight

A blog and forum.

Monday, 26 February, 2007

  • Newsnight
  • 26 Feb 07, 06:17 PM

Private equity has been funding the Labour Party - we look at the details; we examine the fallout from the report on the Cumbria rail crash; and discuss whether there's any choice but to deport Abu Qatada? Plus, a special report on The Bedouin Arabs of the Negev.

Comment on Monday's programme here.

Cathay Craftz - 22 February

  • Newsnight
  • 26 Feb 07, 12:48 PM

In a scheme that hopes to encourage a generation of new young entrepreneurs, 10,000 school children were given £10 for a month to see if they could make a profit.

Newsnight is following one scheme, Cathay Craftz, and its entrepreneurs are blogging their progress here on Talk About Newsnight.

olli_203.jpgWe've had Newsnight in today! And Olli Barratt who organised the Make Your Mark With a Tenner challenge. It was great. Stephanie Flanders, the Economics Editor, interviewed us and all our team of volunteers. You can see from the picture what a good team we have got!

It was great meeting Olli. He wasn't what we expected at all. Sometimes it is easy to think business people will be boring and not very interesting. Olli was really down to earth and took time to chat to all of the team as well as the four of us Directors. We're pleased he got a chance to see our school too.

It has been a busy week. We've had lots of orders to complete for teachers and also we are still completing our orders for the United Learning Trust conference and for the Manchester Science Park. People have definitely got quicker making the origami now. After all the practice we've had though, it's not surprising!

Prabhjot delivered the order to our catering company Eurest on Thursday. We made Chinese New Year decorations for the Academy dining room because the catering team were having a special themed lunch and serving Chinese food. Lisa Flowers, the Catering Team Leader was very pleased. We made posters with traditional New Year's wishes and also lots of golden pigs to show that it is the Year of the Pig this year.

We've done a raffle as a last chance to make some more money. One of our team, Ka Yan in year 7, has made a beautiful origami box and we've filled it with chocolates. We're selling the tickets in school for 10p.

So far, we think we've raised about £900. Of that, we are paying all our volunteers a £25 gift voucher as a way of saying thank you for all their hard work. That takes £225 out of our profit but it is worth it. Cathay Craftz may have been run by the four of us but it has been a real team effort.

With our profits we are going to sponsor five students at our partner school, Toli Secondary School in South Africa. By sending them £430 we can sponsor five students for three years. We are really pleased that our business has been able to make such a difference. For something that started so small, it's going to go on to have a big impact.

Thanks for reading our blog.

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