Asked by: John Penrose (Conservative - Weston-super-Mare)
Question to the Department for Education:
To ask the Secretary of State for Education, what plans she has for future education-related funding for the What Works Centre for Wellbeing.
Answered by Claire Coutinho - Shadow Minister (Equalities)
The What Works Centre for Wellbeing has a broad remit with their work advising on the activities of business, charities, and the public sector on areas such as health, work, sport, and education.
The department does not currently fund the Centre.
Asked by: John Penrose (Conservative - Weston-super-Mare)
Question to the Department for Education:
To ask the Secretary of State for Education, when she will respond to the correspondence (a) 23rd August, (b) 13th October and (c) 24th November 2022 from the hon. Member for Weston-super-Mare on behalf of constituent Kathryn Francis on the Schools Bill.
Answered by Nick Gibb
I can confirm that a response has been sent to the hon. Member for Weston-super-Mare.
Asked by: John Penrose (Conservative - Weston-super-Mare)
Question to the Department for Education:
To ask the Secretary of State for Education, when the Education and Skills Funding Agency will reply to the letters of 23 June and 22 September 2022 from the hon. Member for Weston-Super-Mare on teaching days at local schools.
Answered by Jonathan Gullis
The Education and Skills Funding Agency sincerely apologises for the delay in responding to the hon. Member for Weston-Super-Mare’s correspondence.
The Department for Education, rather than the Education and Skills Funding Agency, is responsible for academy governance matters not relating to funding or finance, such as academies’ freedom to set their number of teaching days. Therefore, the Department will be responding to the hon. Member’s letters as a matter of urgency.
Asked by: John Penrose (Conservative - Weston-super-Mare)
Question to the Department for Education:
To ask the Secretary of State for Education, what assessment his Department has made of the potential merits of including assessments of financial education in Ofsted inspections.
Answered by Robin Walker
Education on financial matters helps to ensure that young people are prepared to manage their money well, make sound financial decisions and know where to seek further information when needed. Pupils receive financial education through the national curriculum for mathematics and citizenship. For secondary school-aged pupils, this includes compulsory content covering the functions and uses of money, financial products and services, and the need to understand financial risk, including any emerging financial trends. Schools have flexibility over how they design their curriculum and can tailor it to the needs of their pupils.
The Money and Pensions Service (MAPS) published financial education guidance for primary and secondary schools in England during Talk Money Week (8-12 November 2021). The guidance includes links to quality assured resources for schools, including content and activities on cryptocurrencies and buy now, pay later schemes. It also sets out the knowledge and skills pupils need to protect their personal data, critically evaluate online content, and identify scams. The guidance is available to view here: https://maps.org.uk/2021/11/11/financial-education-guidance-for-primary-and-secondary-schools-in-england/.
There are other opportunities across the national curriculum to teach pupils about cryptocurrencies. For example, the computing curriculum teaches the fundamental knowledge and skills that support pupils to make well-informed choices about technology. It covers the principles of e-safety at all key stages, with progression in the content to reflect the different and escalating risks that young people face. The computing curriculum is available to view here: https://www.gov.uk/government/publications/national-curriculum-in-england-computing-programmes-of-study.
The department will continue to work closely with the MAPS and other relevant parties such as Her Majesty’s Treasury, to support the teaching of financial education to children and young people, including novel financial products.
Ofsted’s Education Inspection Framework has a strong emphasis on schools providing a broad, balanced, and ambitious curriculum for all pupils, as exemplified by the national curriculum. Inspectors undertake deep dives into several specific subjects during inspection and this will include mathematics and citizenship for some schools.
Asked by: John Penrose (Conservative - Weston-super-Mare)
Question to the Department for Education:
To ask the Secretary of State for Education, what steps he is taking to educate young people on emerging financial trends, including crypto currencies and buy now, pay later schemes.
Answered by Robin Walker
Education on financial matters helps to ensure that young people are prepared to manage their money well, make sound financial decisions and know where to seek further information when needed. Pupils receive financial education through the national curriculum for mathematics and citizenship. For secondary school-aged pupils, this includes compulsory content covering the functions and uses of money, financial products and services, and the need to understand financial risk, including any emerging financial trends. Schools have flexibility over how they design their curriculum and can tailor it to the needs of their pupils.
The Money and Pensions Service (MAPS) published financial education guidance for primary and secondary schools in England during Talk Money Week (8-12 November 2021). The guidance includes links to quality assured resources for schools, including content and activities on cryptocurrencies and buy now, pay later schemes. It also sets out the knowledge and skills pupils need to protect their personal data, critically evaluate online content, and identify scams. The guidance is available to view here: https://maps.org.uk/2021/11/11/financial-education-guidance-for-primary-and-secondary-schools-in-england/.
There are other opportunities across the national curriculum to teach pupils about cryptocurrencies. For example, the computing curriculum teaches the fundamental knowledge and skills that support pupils to make well-informed choices about technology. It covers the principles of e-safety at all key stages, with progression in the content to reflect the different and escalating risks that young people face. The computing curriculum is available to view here: https://www.gov.uk/government/publications/national-curriculum-in-england-computing-programmes-of-study.
The department will continue to work closely with the MAPS and other relevant parties such as Her Majesty’s Treasury, to support the teaching of financial education to children and young people, including novel financial products.
Ofsted’s Education Inspection Framework has a strong emphasis on schools providing a broad, balanced, and ambitious curriculum for all pupils, as exemplified by the national curriculum. Inspectors undertake deep dives into several specific subjects during inspection and this will include mathematics and citizenship for some schools.
Asked by: John Penrose (Conservative - Weston-super-Mare)
Question to the Department for Education:
To ask the Secretary of State for Education, what steps he is taking to improve the financial literacy of school children in Weston-super-Mare.
Answered by Robin Walker
All schools are required to provide a broad and balanced curriculum. Education on financial matters helps to ensure that young people are prepared to manage their money well, make sound financial decisions and know where to seek further information when needed.
The mathematics programmes of study provide young people with the knowledge and financial skills to make important financial decisions. In the primary mathematics curriculum, there is a strong emphasis on the essential arithmetic knowledge that pupils should be taught. This knowledge is vital, as a strong grasp of numeracy and numbers will underpin pupils’ ability to manage budgets and money, including, for example, using percentages. There is also some specific content about financial education, such as calculations with money.
In 2014 financial literacy was made statutory within the national curriculum as part of the citizenship curriculum for 11 to 16-year-olds. The department also published a non-statutory citizenship curriculum for 5 to 11-year-olds, which is clear that, by the end of primary education, pupils should be taught how to look after their money and realise that future wants and needs may be met through saving.
Primary schools are free to include additional content on financial management in their curricula, including working with external experts to ensure they develop the right teaching approach for their particular context.
The Money and Pensions Service (MAPS) published financial education guidance for primary and secondary schools in England on 11 November 2021, during Talk Money week. The guidance is designed to support school leaders to enhance the financial education currently delivered in their schools to make it memorable and impactful. The department supported MAPS with their communications activities during Talk Money week and is looking for future appropriate opportunities to promote the guidance. The guidance is available here: https://maps.org.uk/2021/11/11/financial-education-guidance-for-primary-and-secondary-schools-in-england/.
In the COVID-19 School Snapshot survey from June-September 2021, all leaders were asked if their school teaches pupils about managing money, such as how to make good decisions about spending and saving. The summary of findings showed that most did so but that it was more common amongst secondary schools (86%) than primary schools (60%). Schools with the lowest proportion of pupils eligible for free school meals were more likely than those on the highest proportion to teach pupils about managing money (70% vs. 59%).
MAPS are planning to carry out a UK wide children and young people financial capability survey later this year. The Delivery Plans for each nation are being published shortly and will detail plans to increase the provision of financial education for more children and young people across the UK.
The department will continue to work closely with MAPS and other stakeholders such as Her Majesty's Treasury, to consider learning from other sector initiatives and whether there is scope to provide further support for the teaching of financial education in schools.
Asked by: John Penrose (Conservative - Weston-super-Mare)
Question to the Department for Education:
To ask the Secretary of State for Education, if he will estimate how many UK schools are currently delivering financial education programmes.
Answered by Robin Walker
All schools are required to provide a broad and balanced curriculum. Education on financial matters helps to ensure that young people are prepared to manage their money well, make sound financial decisions and know where to seek further information when needed.
The mathematics programmes of study provide young people with the knowledge and financial skills to make important financial decisions. In the primary mathematics curriculum, there is a strong emphasis on the essential arithmetic knowledge that pupils should be taught. This knowledge is vital, as a strong grasp of numeracy and numbers will underpin pupils’ ability to manage budgets and money, including, for example, using percentages. There is also some specific content about financial education, such as calculations with money.
In 2014 financial literacy was made statutory within the national curriculum as part of the citizenship curriculum for 11 to 16-year-olds. The department also published a non-statutory citizenship curriculum for 5 to 11-year-olds, which is clear that, by the end of primary education, pupils should be taught how to look after their money and realise that future wants and needs may be met through saving.
Primary schools are free to include additional content on financial management in their curricula, including working with external experts to ensure they develop the right teaching approach for their particular context.
The Money and Pensions Service (MAPS) published financial education guidance for primary and secondary schools in England on 11 November 2021, during Talk Money week. The guidance is designed to support school leaders to enhance the financial education currently delivered in their schools to make it memorable and impactful. The department supported MAPS with their communications activities during Talk Money week and is looking for future appropriate opportunities to promote the guidance. The guidance is available here: https://maps.org.uk/2021/11/11/financial-education-guidance-for-primary-and-secondary-schools-in-england/.
In the COVID-19 School Snapshot survey from June-September 2021, all leaders were asked if their school teaches pupils about managing money, such as how to make good decisions about spending and saving. The summary of findings showed that most did so but that it was more common amongst secondary schools (86%) than primary schools (60%). Schools with the lowest proportion of pupils eligible for free school meals were more likely than those on the highest proportion to teach pupils about managing money (70% vs. 59%).
MAPS are planning to carry out a UK wide children and young people financial capability survey later this year. The Delivery Plans for each nation are being published shortly and will detail plans to increase the provision of financial education for more children and young people across the UK.
The department will continue to work closely with MAPS and other stakeholders such as Her Majesty's Treasury, to consider learning from other sector initiatives and whether there is scope to provide further support for the teaching of financial education in schools.
Asked by: John Penrose (Conservative - Weston-super-Mare)
Question to the Department for Education:
To ask the Secretary of State for Education, what steps he is taking to increase the provision of financial education in primary schools.
Answered by Robin Walker
All schools are required to provide a broad and balanced curriculum. Education on financial matters helps to ensure that young people are prepared to manage their money well, make sound financial decisions and know where to seek further information when needed.
The mathematics programmes of study provide young people with the knowledge and financial skills to make important financial decisions. In the primary mathematics curriculum, there is a strong emphasis on the essential arithmetic knowledge that pupils should be taught. This knowledge is vital, as a strong grasp of numeracy and numbers will underpin pupils’ ability to manage budgets and money, including, for example, using percentages. There is also some specific content about financial education, such as calculations with money.
In 2014 financial literacy was made statutory within the national curriculum as part of the citizenship curriculum for 11 to 16-year-olds. The department also published a non-statutory citizenship curriculum for 5 to 11-year-olds, which is clear that, by the end of primary education, pupils should be taught how to look after their money and realise that future wants and needs may be met through saving.
Primary schools are free to include additional content on financial management in their curricula, including working with external experts to ensure they develop the right teaching approach for their particular context.
The Money and Pensions Service (MAPS) published financial education guidance for primary and secondary schools in England on 11 November 2021, during Talk Money week. The guidance is designed to support school leaders to enhance the financial education currently delivered in their schools to make it memorable and impactful. The department supported MAPS with their communications activities during Talk Money week and is looking for future appropriate opportunities to promote the guidance. The guidance is available here: https://maps.org.uk/2021/11/11/financial-education-guidance-for-primary-and-secondary-schools-in-england/.
In the COVID-19 School Snapshot survey from June-September 2021, all leaders were asked if their school teaches pupils about managing money, such as how to make good decisions about spending and saving. The summary of findings showed that most did so but that it was more common amongst secondary schools (86%) than primary schools (60%). Schools with the lowest proportion of pupils eligible for free school meals were more likely than those on the highest proportion to teach pupils about managing money (70% vs. 59%).
MAPS are planning to carry out a UK wide children and young people financial capability survey later this year. The Delivery Plans for each nation are being published shortly and will detail plans to increase the provision of financial education for more children and young people across the UK.
The department will continue to work closely with MAPS and other stakeholders such as Her Majesty's Treasury, to consider learning from other sector initiatives and whether there is scope to provide further support for the teaching of financial education in schools.
Asked by: John Penrose (Conservative - Weston-super-Mare)
Question to the Department for Education:
To ask the Secretary of State for Education, what steps he is taking to require primary schools to provide education on financial matters.
Answered by Robin Walker
All schools are required to provide a broad and balanced curriculum. Education on financial matters helps to ensure that young people are prepared to manage their money well, make sound financial decisions and know where to seek further information when needed.
The mathematics programmes of study provide young people with the knowledge and financial skills to make important financial decisions. In the primary mathematics curriculum, there is a strong emphasis on the essential arithmetic knowledge that pupils should be taught. This knowledge is vital, as a strong grasp of numeracy and numbers will underpin pupils’ ability to manage budgets and money, including, for example, using percentages. There is also some specific content about financial education, such as calculations with money.
In 2014 financial literacy was made statutory within the national curriculum as part of the citizenship curriculum for 11 to 16-year-olds. The department also published a non-statutory citizenship curriculum for 5 to 11-year-olds, which is clear that, by the end of primary education, pupils should be taught how to look after their money and realise that future wants and needs may be met through saving.
Primary schools are free to include additional content on financial management in their curricula, including working with external experts to ensure they develop the right teaching approach for their particular context.
The Money and Pensions Service (MAPS) published financial education guidance for primary and secondary schools in England on 11 November 2021, during Talk Money week. The guidance is designed to support school leaders to enhance the financial education currently delivered in their schools to make it memorable and impactful. The department supported MAPS with their communications activities during Talk Money week and is looking for future appropriate opportunities to promote the guidance. The guidance is available here: https://maps.org.uk/2021/11/11/financial-education-guidance-for-primary-and-secondary-schools-in-england/.
In the COVID-19 School Snapshot survey from June-September 2021, all leaders were asked if their school teaches pupils about managing money, such as how to make good decisions about spending and saving. The summary of findings showed that most did so but that it was more common amongst secondary schools (86%) than primary schools (60%). Schools with the lowest proportion of pupils eligible for free school meals were more likely than those on the highest proportion to teach pupils about managing money (70% vs. 59%).
MAPS are planning to carry out a UK wide children and young people financial capability survey later this year. The Delivery Plans for each nation are being published shortly and will detail plans to increase the provision of financial education for more children and young people across the UK.
The department will continue to work closely with MAPS and other stakeholders such as Her Majesty's Treasury, to consider learning from other sector initiatives and whether there is scope to provide further support for the teaching of financial education in schools.
Asked by: John Penrose (Conservative - Weston-super-Mare)
Question to the Department for Education:
To ask the Secretary of State for Education, if he will conduct a UK-wide assessment of the financial capability of young people.
Answered by Robin Walker
All schools are required to provide a broad and balanced curriculum. Education on financial matters helps to ensure that young people are prepared to manage their money well, make sound financial decisions and know where to seek further information when needed.
The mathematics programmes of study provide young people with the knowledge and financial skills to make important financial decisions. In the primary mathematics curriculum, there is a strong emphasis on the essential arithmetic knowledge that pupils should be taught. This knowledge is vital, as a strong grasp of numeracy and numbers will underpin pupils’ ability to manage budgets and money, including, for example, using percentages. There is also some specific content about financial education, such as calculations with money.
In 2014 financial literacy was made statutory within the national curriculum as part of the citizenship curriculum for 11 to 16-year-olds. The department also published a non-statutory citizenship curriculum for 5 to 11-year-olds, which is clear that, by the end of primary education, pupils should be taught how to look after their money and realise that future wants and needs may be met through saving.
Primary schools are free to include additional content on financial management in their curricula, including working with external experts to ensure they develop the right teaching approach for their particular context.
The Money and Pensions Service (MAPS) published financial education guidance for primary and secondary schools in England on 11 November 2021, during Talk Money week. The guidance is designed to support school leaders to enhance the financial education currently delivered in their schools to make it memorable and impactful. The department supported MAPS with their communications activities during Talk Money week and is looking for future appropriate opportunities to promote the guidance. The guidance is available here: https://maps.org.uk/2021/11/11/financial-education-guidance-for-primary-and-secondary-schools-in-england/.
In the COVID-19 School Snapshot survey from June-September 2021, all leaders were asked if their school teaches pupils about managing money, such as how to make good decisions about spending and saving. The summary of findings showed that most did so but that it was more common amongst secondary schools (86%) than primary schools (60%). Schools with the lowest proportion of pupils eligible for free school meals were more likely than those on the highest proportion to teach pupils about managing money (70% vs. 59%).
MAPS are planning to carry out a UK wide children and young people financial capability survey later this year. The Delivery Plans for each nation are being published shortly and will detail plans to increase the provision of financial education for more children and young people across the UK.
The department will continue to work closely with MAPS and other stakeholders such as Her Majesty's Treasury, to consider learning from other sector initiatives and whether there is scope to provide further support for the teaching of financial education in schools.