* Introduce a more focused emphasis on Real Life Financial Skills for schools into the curriculum * Additional funding to support schools to deliver 'real life' financial lessons by industry experts * Additional funding to support parents of the children on money management
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Austerity has hit the most vulnerable families. In 2022, 62% of children in Stoke on Trent left without GCSE maths & English grade 5+ and had the ninth highest individual insolvency rate in England. We believe too little is taught about 'real life' personal and business finances as a skill in schools, leaving people struggling in this cost of living crisis.
Schools need additional funding to enable services to be brought in from accounting/finance professionals to deliver these skills to current pupils. The Government should also fund delivery of financial skills to parents.