Baroness Eaton
Main Page: Baroness Eaton (Conservative - Life peer)Department Debates - View all Baroness Eaton's debates with the Department for Education
(9 years, 7 months ago)
Lords ChamberWhat are Her Majesty’s Government doing to improve the quality of financial education in schools?
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.