15 Mar 2024 | Posted In Money advice news

MoneySavingExpert Martin Lewis provided oral evidence as a witness to the education committee on 5 March 2024 and called for the Government to address the ‘real poverty’ of financial education in the UK.

He said:

“The amount of resources the government has put into funding financial education has been flaccid and to a detrimental level. Financial education needs to be somewhere in the curriculum at the moment. It’s too wishy-washy. We have to find a way to make sure every school is teaching it.”

He also highlighted the needed for a joined up approach across society to provide young people with financial education when they are “professionals at learning” during their time at school.