Financial education

Meeting: 
MQT on 2014-11-19
Session date: 
November 19, 2014
Reference: 
2014/4578
Question By: 
Fiona Twycross
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

Has the LEP done anything to engage with young people to promote financial education in London, particularly, but not exclusively, among young people?

Answer

Answer for Financial education

Answer for Financial education

Answered By: 
The Mayor

We are funding the Personal Finance Education Group (PFEG) through our London Schools Excellence Fund (LSEF), to support 102 teachers in 12 London secondary schools in delivering financial education. The teachers will also disseminate successful approaches to teaching financial education to other schools, which is extremely important in light of financial education becoming part of the national curriculum. In addition, the Youth Employment Initiative will cover a breadth of topics to help young people to improve and enhance their life and work opportunities.