Financial literacy essential for future business leaders

The Financial Skills Partnership is encouraged by the recommendations of the All Party Parliamentary Group on Financial Education for Young People report ‘Financial Education and the Curriculum’.

The report, published today, recommends the Government promote the provision of high quality financial education in schools in England by making personal finance a compulsory part of the National Curriculum and schools utilising resources and visits from outside sources.

Liz Field, CEO of the Financial Skills Partnership, said, “High quality financial education to promote competent personal finance is an important first step. But these skills, taught alongside further maths and the PSHE syllabus, must be the solid foundation for young people to better their career prospects.

“Our young people are the business leaders of the future. The more they are equipped with the skills and confidence to use finance, the more young people can apply these skills to run, build and grow successful British enterprises of the future.”