Barclays has shown leadership during this uncertain time for students and we are delighted to be chosen as their preferred training partner.
(PRWEB) April 1, 2010
The recession has claimed many victims, with one computer training course provider being among the most recent.
It was declared that Advent Computer Training was entering into administration last month, leaving thousands of students paying finance fees for courses they could no longer access. The firm had been in operation since 2002, providing a wide range of IT-based qualifications to its 6,500 pupils.
However, help is at hand as Computeach - a West Midlands-based IT training provider - has devised a plan to reduce pressure on the students.
As many of Advent’s customers had signed up for a third party loan in order to pay for the courses, Computeach has come to an arrangement with Barclays Partner Finance (BPF) to ensure they can continue with their education. BPF is part of the well-known and respected Barclaycard Group and has pledged to enable its customers who enrolled with Advent Computer Training to complete their training contract.
Fortunately, some students were protected by the Consumer Credit Act 1974, which states that in certain circumstances, loan providers must give similar services to those of a company which has been declared insolvent.
In light of this, BPF has honoured its obligation by offering consumers a way to still receive their training without fear of having to finance it all over again.
Managing director of Computeach Karl Parkinson commented: "Barclays has shown leadership during this uncertain time for students and we are delighted to be chosen as their preferred training partner."
It is believed that around 5,000 former Advent students will be able to benefit from this arrangement.
Mr Parkinson revealed that Computeach is looking forward to working with this new wave of up and coming talent and believes they will be in with a good chance of "securing rewarding and secure jobs in the IT industry".
Job security is one of the main issues at the forefront of recruiters' minds at the moment, with vacancies apparently increasing across the country.
According to the latest figures from the Office for National Statistics for the last quarter of 2009, the level of unemployment fell by 0.1 per cent, but the figures indicate that the UK is not out of the woods yet when it comes to riding out the recession. However, the government’s Sector Skills Council for the Information and Communications Technology Industries, predicts that over 140,000 new entrants are required each year which is encouraging for anyone seeking a new career in IT.
Jon Orritt from BPF said that the company was glad it could help these thousands of students continue with their education, despite the problems thrown up by the recession.
He continued: "We chose Computeach because their services are very closely aligned with Advent's and they are recognised as the industry's market leader.
"We are confident that our customers will receive an excellent service from now on."
Mr Parkinson revealed that Computeach has purchased certain assets from PKF Birmingham, the chosen administrators of the stricken firm to enable training to continue as quickly as possible.
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