Select committee: Education Committee

2nd Special Report - Delivering effective financial education: Government Response

Published 16 January 2025

At a glance

The government's response

This document responds to Third Report - Delivering effective financial education.

This is the government's response, published 16 January 2025.

Summary written by Accountability Index from the government's response. It is not the government's own words.

The government says it will "consider" the report's findings "carefully", states that it agrees on teacher supply and teacher support, and leaves curriculum decisions to the Curriculum and Assessment Review.

  • On more financial content in the maths curriculum, the government "notes" the recommendation and says it "will consider further" the support available to schools "in the light of the CAR outcomes".
  • Oak National Academy is "expected" to make additional lessons on financial education and applying maths available "from spring 2025".
  • On financial education leads, the government says schools are "free to designate a teacher" and that it "currently has no plans" to produce guidance on appointing or supporting them.
  • On the PISA financial literacy assessment, the government says it is not offered in the 2025 cycle, but the Department "will consider participation" in the 2029 cycle "after mid-2026".

Read the government's response ↗ Report an error

Sources