Finance - Lessons on the money

20th November 2009 at 00:00

Ed Balls, the Secretary of State for Children, Schools and Families in England, has announced that personal, social, health and economic education (PSHE) is to become a statutory part of the national curriculum in England from 2011.

The move follows a review, led by Sir Alastair Macdonald, in March this year.

It means that, subject to the legislation being approved by Parliament, financial capability will have to be taught to all pupils in England - a situation that has never before existed.

Mr Balls's announcement follows a similar one by the Scottish Education Secretary, Fiona Hyslop, last month after research into the range and effectiveness of financial education across Scotland found that, while many schools have "excellent practices in place, provision for pupils is variable".

Ms Hyslop has asked Learning and Teaching Scotland to address the report's recommendations and produce a plan for improving financial education. This would ensure good-quality financial education was delivered to every pupil in Scotland through the new numeracy curriculum, she said.

Subscribe to get access to the content on this page.

If you are already a Tes/ Tes Scotland subscriber please log in with your username or email address to get full access to our back issues, CPD library and membership plus page.

Not a subscriber? Find out more about our subscription offers.
Subscribe now
Existing subscriber?
Enter subscription number

Comments

The guide by your side – ensuring you are always up to date with the latest in education.

Get Tes magazine online and delivered to your door. Stay up to date with the latest research, teacher innovation and insight, plus classroom tips and techniques with a Tes magazine subscription.
With a Tes magazine subscription you get exclusive access to our CPD library. Including our New Teachers’ special for NQTS, Ed Tech, How to Get a Job, Trip Planner, Ed Biz Special and all Tes back issues.

Subscribe now