National curriculum overhaul strengthens financial education for all schoolchildren

Greater financial literacy could boost economy by £7bn a year

Jenna Brown
clock • 4 min read

Financial education within the national curriculum is to be strengthened with teaching on budgeting, mortgages and compound interest included in both maths and citizenship lessons, with the latter being made compulsory in primary schools.

The changes form part of the first review of the national curriculum in more than a decade and follow a comprehensive review of what is taught across the country. Professor Becky Francis's Curriculum and Assessment Review, published today (5 November), said financial education should not be delayed until later life and recommended financial education to start in primary school, making citizenship, including money skills, a core part of the national curriculum from Key Stage 1 onwards. It referenced research by the Confederation of British Industry that suggested greater financial lite...

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