Member

I turn to the specifics. The point was well made about the importance of trying to make sure that young people understand finances. In particular, I pay tribute to the noble Baroness, Lady Neville-Rolfe, and to her work in this area, from which both this Government and the previous Government have benefited. The Government recognise that we cannot simply wait to look at things such as financial education. That is why, in response to the Curriculum and Assessment Review, the Government are committed to making financial education compulsory in primary schools in England, as part of a new statutory requirement to teach citizenship. That will help children to be supported to develop healthy attitudes to money early.