Cass Business School to be renamed after statistician Thomas Bayes

Truman Slate

Metropolis, University of London, is to rename its business enterprise college just after the 18th century statistician, thinker and Presbyterian minister Thomas Bayes, ending a twenty-calendar year association with slavery-tainted Sir John Cass.

The college has also agreed to set apart £5m from its scholarship spending plan — the exact same amount donated by Cass’s education basis, the Portal Believe in, when Cass Business enterprise Faculty was named in 2001 — that will fund entire tuition charges and a £6,000 a calendar year stipend for black Uk-domiciled degree pupils.

The scholarship scheme, which includes outreach to inspire a lot more black undergraduate candidates, is pushed in aspect by a recognition that they are underneath-represented on City’s business enterprise degree programmes. Just two.06 for every cent of the business enterprise school’s undergraduate inhabitants among 2015 and 2019 were being black, significantly lower than the share of black persons in the Uk

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