Financial Services: Education

(asked on 10th March 2015) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, what estimate she has made of how many schools are teaching financial education as part of the curriculum.


Answered by
Nick Gibb Portrait
Nick Gibb
This question was answered on 16th March 2015

The Department for Education does not routinely collect data about the number of schools teaching financial education as part of the curriculum.

From September 2014, teaching about financial education became a compulsory part of citizenship for 11 to 16 year olds, where pupils learn about the importance of budgeting, sound management of money, credit and debt, as well as understanding many different financial services and products.

We have also strengthened the national curriculum for mathematics to give pupils aged 5 to 16 the necessary mathematical skills they need to make important financial decisions about mortgages and loan repayments.

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