Paul Friend’s exit follows FT investigation into offshoot of North London Collegiate School
Plea illustrates dilemma facing government as it attempts to overhaul increasingly expensive system
Skilled manual work offers some bright spots but may not be enough to turn a tough job market around
Move could translate to $11bn less in assets over next decade and lead to budget reductions at Ivy League school
A network of ultra-competitive high-school talent streams has been turning out the leading lights of science and tech