The Ufi Charitable Trust launched on Wednesday of this week. The Trust has an endowment of ~£50m. Its mission is to "to achieve a step change in learning and employability for all adults in the UK, through the adoption of 21st century technologies".
The original University for Industry (Ufi) has played a varying part in my working life for the last 15 years. So attending the launch of the independent charitable trust that is now Ufi got me thinking about the origins of the organisation and about whether well over £1.5 billion of public funding could have been better used.