Financial Services: Education
Question
Mr Andrew Snowden
To ask the Secretary of State for Education, if she will make an assessment of the potential merits of including financial education in the curriculum for GCSE Maths.
Answer
Catherine McKinnellCurrently pupils receive financial education through both the mathematics and citizenship curricula, for example covering compound interest in mathematics GCSE.
The government has established an independent Curriculum and Assessment Review, chaired by Professor Becky Francis CBE. The Review is looking into the current programmes of study within its work to ensure a rich, broad, inclusive and innovative curriculum that readies young people for life and work.
As set out in the Review Group’s interim report, they have heard consistently from children and young people and their parents that they want more focus on the applied knowledge and skills that will equip them for later life and work, such as financial education.
The Review’s final report and recommendations will be published in the autumn, at which time the government will respond.