Written Question·Treasury·UIN 47928

Financial Services: Education

Tabled: 24 April 2025
Answered: 2 May 2025

Question

Blake Stephenson

Conservative — Mid Bedfordshire

To ask the Chancellor of the Exchequer, what assessment she has made of (a) trends in the level of financial literacy in the UK and (b) the potential impact of improving young people's financial literacy on economic growth.

Answer

Emma Reynolds
The Government is committed to ensuring that individuals have the financial capability to manage their money well. While the Government does not hold specific data quantifying the economic benefits of this, we recognise the importance of financial literac...
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