Govt's finance-in-schools plans slammed

In a House of Commons debate yesterday, Phil Willis, the Liberal Democrat MP for Harrogate and Knaresborough, also told Jim Knight a stand-alone, compulsory, accredited personal finance subject in the curriculum could be the only viable solution to financial ignorance among young people today. However, Knight says the government’s plans for improving education across the country are adequate and described the idea of a compulsory subject as “not necessary”. The government says it is introducing a number of initiatives over the next five years to improve financial knowledge in young people...