Daily Mail knocks Tory internships auction

From the Daily Mail:

David Cameron was accused of ‘gross insensitivity’ last night after it was revealed that internships with City hedge funds were sold to wealthy Tories’ children for thousands of pounds to raise cash for the party.

At the Conservatives’ Black and White Party, millionaire Tory supporters paid around £3,000 each for their children to have the golden chance of spending a week or two with a number of top finance companies and banks. If they do well and win a full-time job, they could join the ranks of City tycoons who earn multi-million pound bonuses.

But Labour claimed the auction was ‘grossly insensitive’ when tens of thousands of young people cannot obtain jobs.

More great publicity challenging the crime that is unpaid internships. With graduate unemployment getting higher and higher this issue is not going to go away.

I think its really interesting that the Mail is writing about this issue more consistently than any other paper. I know this is a issue about social justice and fair pay, but this is not just about poor kids versus rich kids. The vast majority of graduates are effected. You might term yourself middle class, and your parents might live in the nice house and have two cars. But that doesn’t mean they can support you working for free in London for 6 months.

Update:

Andrew Neil has blogged about the story.

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2 Responses to “Daily Mail knocks Tory internships auction”


  1. 1 Rick Seymour 02/13/2011 at 4:47 pm

    If there was a collection of “internships” which were distibuted to people there then I would infere that the Tory party is acting as a recruitment agency, as these internships lead to jobs…..

    Therefore…. charging for those internships is against Section6 of Employment Agencies Act 1973

    http://www.legislation.gov.uk/ukpga/1973/35/section/6
    “seeking to find him employment.” – I’d call an internship “seeking employment”


  1. 1 Tweets that mention Daily Mail knocks Tory internships auction « Interns Anonymous -- Topsy.com Trackback on 02/13/2011 at 2:48 pm

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