Cass Business School moved to new premises in the London Borough of Islington, and changed its name as part of a strategy formed by Lord Currie of Marylebone, who had become Dean the year before, to compete as an international business school in a market dominated by US universities. The school had previously been spread out across the City of London's mainly residential Barbican Centre development. Half of the £40 million funding for the new building came from the reserves of City, University of London. The school also received a gift from Sir John Cass's Foundation, founded in 1748 to educate children in
City of London School report that the bequest should be spent on educating a larger number of boys and this approach was adopted in 1826. A number of people including Richard Taylor, a printer and an assistant to the founding of University College London, urged the Corporation of London to spend the bequest on creating a day school for the largest possible number of boys. In 1830, they proposed that the City of London Corporation School should be founded with Taylor as a governor and that the school to be established on the site of the disused London Workhouse. In the meantime, a small