Get involved! Send your photos, video, news & views by texting KS NEWS to 80360 or e-mail us
Wyre Forest MP welcomes financial education introduction
6:10am Wednesday 18th September 2013 in News
WYRE Forest’s MP has welcomed the new National Curriculum released by the Department for Education, which will roll out to schools in September, 2014.
Financial education will be introduced to both primary and secondary schools, with elements of finance being taught in mathematics, citizenship, and English classes.
The aim of introducing financial education to pupils is to teach young people how to manage their money in the future and understand personal finance in a broader context of loans, financial risk and budgeting.
Conservative Mark Garnier said: “As vice-chairman of the APPG [All Party Parliamentary Group] on Financial Education for Young People I have been campaigning for this cause for many years, making it a recommendation of the Parliamentary Banking Commission.
“I am very happy to see this long overdue change being finally implemented in our education system.
“Financial education, perhaps even more than any other subject studied in schools in our country, will equip our children with the skills they will need in the future, enabling them to manage their finances responsibly.
“This significant improvement to the national programme of study will constitute one of the greatest advances in social mobility, providing future generations with the much-needed financial literacy.”
Comments are closed on this article.