Education: Citizenship Debate

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Department: Department for Education

Baroness Eaton

Main Page: Baroness Eaton (Conservative - Life peer)

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Georgia

Education: Citizenship

Baroness Eaton Excerpts

Employment: Internships
Wednesday 14th January 2015

(9 years, 11 months ago)

Lords Chamber
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Lord Nash Portrait Lord Nash
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I entirely agree that the noble Lord will have participated in more elections than young people.

Baroness Eaton Portrait Baroness Eaton (Con)
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What are Her Majesty’s Government doing to improve the quality of financial education in schools?

Lord Nash Portrait Lord Nash
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My Lords, for the first time, the national curriculum is making financial literacy a statutory part of citizenship education. Pupils learn the importance of budgeting, the sound management of money, credit and debt, and gain an understanding of different financial services and products. The curriculum in maths has been strengthened to enable pupils to make financial decisions and understand percentages. Moreover, we are promoting materials produced by the financial education charity PFEG, and by HMRC.

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