Source · Select Committees · Education Committee
Recommendation 1
1
Acknowledged
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Financial education in primary schools remains insufficient despite children's early financial exposure.
Recommendation
Whilst there are some examples of exemplary practice, in the main financial education in primary schools in England is insufficient and should be expanded. Children use money at an increasingly young age and with greater independence, often making transactions that are immediate and, at times, irreversible. Whilst this should in theory be happening from secondary school age onwards, there is increasing evidence that children under eleven are being reached by online marketing and may be subject to financial pressures.
Government response summary AI-generated
The government acknowledges the importance of maths for financial management and details existing efforts to improve early maths education and recruit maths teachers, but does not commit to specifically expanding financial education content in primary schools.
Paragraph Reference:
14
Government Response
The government responded to this report on 16 January 2025. No passage in that response could be matched to this conclusion. Read the response document ↗