Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether his Department has made an estimate of the potential economic benefits of the Government prioritising financial education.

The government is committed to ensuring that individuals have the opportunity to build financial capability, so they are able to maximise their use of the products and services made available by the financial services industry. This in turn helps support their participation in the wider economy. However, the government has not undertaken analysis to quantify the potential economic benefits of financial education interventions.