Luke Norman: Going back to school to close the financial education gap

In England, financial education was introduced to the national curriculum for secondary schools in 2014. Despite this, recent research shows that only 64% of young people aged 15-18 reported that they have actually received financial education in school and 88% reported that they get most of their financial understanding either from their family or through self-learning. When you consider that at 18, it becomes possible to apply for an overdraft facility or credit card, start a gambling account or even buy a house, the consequences of a lack of basic financial literacy can be potentially...