Good news for those with a thirst for knowledge

Top British universities are to offer free online courses to anyone who wants to learn. It’s a great idea, says Merryn Somerset Webb.

"Topple these barriers to our best universities" read a headline in the Observer last month. The piece then went on to bemoan the fact that the opportunities to be gained from higher education "remain heavily dependent on social background and schooling."

The problem, it pointed it out, is not that poorer children aren't going to university - the "massification" of higher education means that they are. It is that they aren't going to the best ones. Only one in five young people from "comprehensives and FE colleges" got into the top one third of universities in the UK this year. That compares with some 80% of those from private schools. Big gap.

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Merryn Somerset Webb

Merryn Somerset Webb started her career in Tokyo at public broadcaster NHK before becoming a Japanese equity broker at what was then Warburgs. She went on to work at SBC and UBS without moving from her desk in Kamiyacho (it was the age of mergers).

After five years in Japan she returned to work in the UK at Paribas. This soon became BNP Paribas. Again, no desk move was required. On leaving the City, Merryn helped The Week magazine with its City pages before becoming the launch editor of MoneyWeek in 2000 and taking on columns first in the Sunday Times and then in 2009 in the Financial Times

Twenty years on, MoneyWeek is the best-selling financial magazine in the UK. Merryn was its Editor in Chief until 2022. She is now a senior columnist at Bloomberg and host of the Merryn Talks Money podcast -  but still writes for Moneyweek monthly. 

Merryn is also is a non executive director of two investment trusts – BlackRock Throgmorton, and the Murray Income Investment Trust.