Cross-party MPs have launched an inquiry into how financial education can be strengthened throughout primary school.
The Education Committee’s inquiry will look at how financial education can be more strongly established in the National Curriculum.
According to the Committee, there is ‘broad agreement that financial education – teaching children and young people skills and knowledge to manager their financial decisions – needs to be reviewed.
Financial education has been part of the curriculum for state-run secondary schools since 2014, taught in Citizenship lessons and some elements included in maths. However, academies and free schools can opt out of teaching it, which some choose to include it within Personal, Social, Health and Economic education (PSHE).
