Baroness Sater
Main Page: Baroness Sater (Conservative - Life peer)Department Debates - View all Baroness Sater's debates with the HM Treasury
(2 years ago)
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Baroness Sater (Con)
My Lords, the Money and Pensions Service has highlighted that children’s attitudes to money are well developed by the age of seven. According to the CBI, prioritising financial education could add nearly £7 billion to the UK economy each year. Does the Minister agree that the Government should consider making financial education a statutory part of the primary school curriculum?
Baroness Penn (Con)
My Lords, financial education in England is covered within both the citizenship and mathematics curricula. The Money and Pensions Service has also published financial education guidance for both primary and secondary schools in England to support school leaders and education decision-makers to enhance the financial education currently delivered in their schools. More broadly, after Covid and other disruptions there has been a commitment by this Government not to make any changes to the national curriculum for the remainder of the Parliament.