London Business School receives £25M to expands scholarships and executive education

David and Molly Pyott, through their foundation, have announced a £25 million commitment ($34 million) to the London Business School to expand student opportunities and campus facilities. One of the largest gifts in the school’s history, the award will support renovations of the school’s North Building–to be renamed for the couple–expand executive leadership development program, and establish an MBA scholarship program. The investment boosts LBS’s ongoing fundraising campaign to more than £170 million ($227M).