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The James Dyson Foundation)

Sir James Dyson is famous for inventing the bagless vacuum cleaner (source: The James Dyson Foundation)

Royal College of Art (RCA) alumni Sir James Dyson has pledged £5m to the college for its new Battersea campus. The donation, which releases £1.6m of match-funding from the UK Government, is the biggest single donation the RCA has ever received.

The donation will pay for a new lecture theatre, gallery, conference centre and the creation of 40 business incubator units for recent graduates to use when the facility opens in 2012.

Sir James Dyson is one of the UK’s foremost inventors and the donation will come from his foundation, the James Dyson Foundation, which supports activities in the fields of science, engineering, medicine and education.

Kevin – www.studylondon.ac.uk

LSE)

Peter Orszag (Source: LSE)

Barack Obama’s new budget director Peter Orszag is one of a number of London School of Economics (LSE) alumni appointed to the President’s administration.

Dr Orszag studied economics at the LSE as a Marshall scholar, getting a Master’s degree in 1992 and a PhD in 1997. He has been named director of the Office of Management and Budget in the Obama administration. Aged just 40, he will be a key member of the President’s economic team, advising him on a variety of issues including federal spending programmes and managing the federal budget.

Fellow LSE alumni appointed to the Obama team include Peter Rouse as chief of staff, Mona Sutphen as deputy chief of staff, and Paul Volcker, the former chairman of the Federal Reserve, as head of Obama’s new economic recovery advisory board.

Kevin – www.studylondon.ac.uk

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