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RM takes 1.5m BSF hit at 'end of big ICT schemes'

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#1 Merlin John Online

Merlin John Online


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Posted 27 July 2010 - 10:59 AM

RM boss Terry SweeneyThe scrapping of the 55 billion Building Schools for the Future programme has prompted education services supplier RM to restructure and sustain 1.5 million ?exceptional costs?. An Interim Management Statement from the company explains the issue.

However the company remains upbeat about ICT services to schools despite the halving of the 200 million Harnessing Technology funding. RM chief executive Terry Sweeney said that the "the era of big ICT schemes and centralised transformational policies" had clearly ended but that schools would continue to invest in ICT.

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