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Anorak News | Gordon Brown Backs Teaching Money In Schools

Gordon Brown Backs Teaching Money In Schools

by | 7th, January 2008

PRESS Release on teaching finance in schools:

The ifs School of Finance has welcomed the Prime Minister’s recent call for schools and colleges to do more to educate their pupils about personal finance.

“When asked if there should be financial education in schools, Gordon Brown replied, “Yes absolutely. And I would favour more education in financial management and in financial budgeting generally at school. I’d like to see financial literacy…extended particularly through schools and colleges and their education programme.”

Anne Kiem, Director of External Affairs at the ifs School of Finance, said:

“We welcome Gordon Brown’s comments and hope this signals a change in Government policy which currently does not include any statutory provision of financial education or provide for any examinable financial education in schools.

We would like to work with Government to achieve our mutual aim of ensuring future generations have the capability to make informed financial decisions. The ifs School of Finance has long argued that financial education should be added to the core school curriculum, putting personal finance on an equal footing with other subjects such as Geography, History and Modern Foreign languages i.e. compulsory for schools to offer it but not compulsory for all students to take it. We welcome the Prime Minister’s comments as another step towards this goal.”

A good idea? Or not – espceially if the nippers work out how dear Gordon takes their spending money from mum’s purse…



Posted: 7th, January 2008 | In: Reviews Comment | TrackBack | Permalink