Banker: Businesses can help pupils and teachers

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Anthony Salz, executive vice chairman of investment bank Rothschild, said businesspeople could both coach underprivileged children and mentor their teachers.

The suggestion comes after a leading London headmaster urged businesses to sponsor poor children to go to the most elite independent schools.

David Levin, head of City of London School for Boys, launched his scheme to provide an extra 1,000 places for talented state school pupils today.

Mr Salz, who spoke at the Headmasters' and Headmistresses' Conference of independent schools, supports the scheme but said there were other alternatives. He said: "It is about raising aspiration. There is a lot of evidence that employers coming into school can raise motivation and confidence levels among people who otherwise are in a downbeat environment. At Rothschild 30 per cent of our staff volunteer and the majority do that in schools."

Mr Salz, a former BBC vice-chairman and one of the country's top corporate lawyers, is a governor of Wellington Academy in Wiltshire. He also spent four years mentoring the headteacher of Haggerston School in Hackney.

He said: "It gave her a chance to get outside of the chaos in the day and talk to someone else who has been through some of it in a different organisation."

Mr Salz is also a trustee of the Education and Employers Taskforce, a charity which aims to ensure that all young people can benefit from partnerships between education and employers.