Asked by: Stephen Hammond (Conservative - Wimbledon)
Question to the Department for Education:
To ask the Secretary of State for Education, what steps her Department is taking to ensure that all primary children receive a high-quality and effective financial education by 2030.
Answered by Nick Gibb
Education on financial matters helps to ensure that young people are prepared to manage their money well, make sound financial decisions, and know where to seek further information when needed.
At primary school, financial education is included in the mathematics curriculum. In the curriculum, there is a strong emphasis on the essential arithmetic that pupils should be taught. This knowledge is vital, as a strong grasp of mathematics will underpin pupils’ ability to manage budgets and money, including, for example, using percentages. The mathematics curriculum also includes specific content regarding financial education, such as calculations with money.
Primary schools can also teach financial education through citizenship. Although this is not part of the National Curriculum until Key Stage 3, the Department has published a non-statutory citizenship curriculum for Key Stages 1 and 2, to support schools to ensure that pupils are taught how to look after their money and realise that future wants and needs may be met through saving. There is also a wide range of resources available for schools, including the Money and Pension Service’s (MaPS) financial education guidance for primary and secondary schools in England. This can be found here: https://maps.org.uk/2021/11/11/financial-education-guidance-for-primary-and-secondary-schools-in-england/.
The Department continues to work with MaPS and HM Treasury to consider the evidence and explore opportunities to promote the importance of financial education to schools. The Department is currently working with MaPS to deliver financial education webinars this academic year, promoting the importance of financial education and building teachers’ confidence in this area.
Asked by: Stephen Hammond (Conservative - Wimbledon)
Question to the Department for Education:
To ask the Secretary of State for Education, what steps her Department is taking to increase the uptake of Higher Technical Qualifications.
Answered by Robert Halfon
The department believes that increasing uptake in Higher Technical Qualifications (HTQs) is key to helping people climb the ladder of opportunity.
HTQs began teaching from September 2022, starting with Digital HTQs. 106 qualifications have now been approved as HTQs across Digital, Construction and Health and Science routes, available for teaching from September this year. All occupational routes are due to be rolled out by 2025 where relevant occupational standards are available.
To support more people studying HTQs:
Asked by: Stephen Hammond (Conservative - Wimbledon)
Question to the Department for Education:
To ask the Secretary of State for Education, whether she has made an assessment with Cabinet colleagues of the implications for her policies of the finding in the Centre for Financial Capacity’s report entitled 1 Year On July 2021 – July 2022, published in July 2022, that one-fifth of children have access to financial education at primary school.
Answered by Nick Gibb
The Government wants all young people to manage their money well, make sound financial decisions and know where to seek further information when needed.
The Department works closely with the Money and Pensions Service (MaPS) and HM Treasury to consider the wide range of evidence for financial education, including reports from the Centre for Financial Capability, and to explore the opportunities to improve access for all pupils to high quality financial education.
MaPS has a statutory duty to develop and co-ordinate a national strategy to improve people’s financial capabilities and their ten-year strategy, published in 2020, set out their national goal that two million more children and young people will receive a meaningful financial education by 2030. The strategy is supported by Delivery Plans for each nation of the UK, which are available here: https://www.maps.org.uk/uk-strategy-for-financial-wellbeing/.
The Department has introduced a rigorous mathematics curriculum which provides young people with the arithmetic that pupils should be taught to make important financial decisions. In the primary mathematics curriculum, there is a strong emphasis on the essential arithmetic that pupils should be taught. This is vital, as a strong grasp of mathematics will underpin pupils’ ability to manage budgets and money, including, for example, using percentages. There is also some specific content on financial education, such as calculations with money. Primary schools can also choose to teach financial education content within their citizenship curriculum, using the non-statutory citizenship curriculum for Key Stages 1 and 2, which can be found here: https://www.gov.uk/government/publications/citizenship-programmes-of-study-for-key-stages-1-and-2.
MaPS published guidance for primary and secondary schools in England, to support headteachers to enhance the financial education currently delivered in their schools. The guidance can be found here: https://maps.org.uk/2021/11/11/financial-education-guidance-for-primary-and-secondary-schools-in-england/.
The Department and MaPS will deliver a series of joint financial education webinars this academic year, aimed at promoting the importance of financial education for all pupils and improving teacher confidence and knowledge, as well as providing a launchpad for further engagement with training and resources to support continuous improvement.
Asked by: Stephen Hammond (Conservative - Wimbledon)
Question to the Department for Education:
What steps his Department is taking to maintain levels of funding for universities and higher education institutes based in London.
Answered by Michelle Donelan
The London Weighting element of the Strategic Priorities Grant accounts for a small proportion of London-based providers’ income. Providers in London received around £64 million London Weighting in academic year 2020-21, which was less than 1% of their estimated total income.
The Strategic Priorities Grant, formerly referred to as the Teaching Grant, plays an important role in supporting providers and students to develop the skills and knowledge needed locally, regionally and nationally to support the economy.
The grant is funding supplied by the government on an annual basis to support higher education (HE) providers’ ongoing teaching and related activities. In the financial year 2020-21, the Department for Education provided £1,253 million in recurrent Teaching Grant funding. In financial year 2021-22, the department will maintain this level of funding and is providing £1,253 million in recurrent Strategic Priorities Grant funding.
We have asked the Office for Students (OfS) to reform the grant for the 2021-22 financial year to ensure that more of taxpayers’ money is spent on supporting HE provision which aligns with national priorities, such as healthcare, science, technology, engineering and mathematics and subjects meeting specific labour market needs.
We have also asked the OfS for a £10 million increase to the specialist provider allocation, to support these institutions which are particularly reliant on Strategic Priorities Grant funding, many of whom are London-based. We want to ensure that our small and specialist providers, including some of our top music and arts providers, receive additional support, and that grant funding is used to effectively support students.
Even with the removal of the London Weighting, the reforms mean that around 1 in 6 London providers are estimated to see an increase in their Strategic Priorities Grant funding. These are HE providers offering courses aligned with the government’s strategic priorities.
The OfS will consult on these changes, before final allocations for the 2021-22 financial year are confirmed, and carefully consider the impact of any changes on providers.
Asked by: Stephen Hammond (Conservative - Wimbledon)
Question to the Department for Education:
To ask the Secretary of State for Education, what guidance the Government has issued on whether parent and pre-school children classes and groups are categorised as a support group for the purposes of Exception 5 of the Health Protection (Coronavirus, Restrictions) (England) (No. 4) Regulations 2020.
Answered by Vicky Ford
Parent and pre-school children classes and groups need to meet necessary exceptions to continue during the November 2020 national restrictions.
Where these are held in Ofsted registered settings, they should follow government guidance on the COVID-19 outbreak for early years and childcare providers. This is available at: https://www.gov.uk/government/publications/coronavirus-covid-19-early-years-and-childcare-closures/coronavirus-covid-19-early-years-and-childcare-closures.
Support groups for new parents in community settings, such as places of worship, community centres or halls, or libraries, and that are essential to deliver in person, can continue. These can be conducted with up to 15 participants where formally organised to provide mutual aid, therapy, or any other form of support. These groups must be organised by a business, a charitable, benevolent, or philanthropic institution, or a public body, and must follow COVID-19 secure guidance. Restricted businesses which are required to close, such as coffee shops, cannot hold support groups. When national restrictions apply, in determining the limit of 15 participants, no account is to be taken of any child who is below the age of 5.
Informal groups, such as those organised by a parent, need to comply with the gathering and household mixing rules. In practice, during the period of national restrictions, this means these groups should only meet virtually.
Supervised activity for children can continue to take place where it is reasonably necessary to enable parents to work, search for work or to undertake training or education, for example in indoor gyms, fitness studios, indoor sports facilities and other indoor leisure centres, community centres or halls.
For further information, Cabinet Office guidance on the new national restrictions can be found at: https://www.gov.uk/guidance/new-national-restrictions-from-5-november#childcare-and-childrens-activities.
The department's guidance for education and childcare setting during national restrictions can be found at: https://www.gov.uk/guidance/education-and-childcare-settings-new-national-restrictions-from-5-november-2020#early-years-and-childcare.