Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Digital, Culture, Media and Sport, if she will make an assessment of the potential merits of including financial education for primary school children in the allocation of the dormant assets identified by the Dormant Assets Act 2022.

• Dormant Assets legislation currently defines financial inclusion as "the development of individuals' ability to manage their finances ​​or the improvement of access to personal financial services''.
• To date, the focus of dormant assets funding for financial inclusion has been tackling problem debt and improving access to affordable and appropriate financial products and services for people in vulnerable circumstances.
• At present, the government is considering over 3,300 responses to the public consultation on what the broad social and/or environmental purposes of the English portion of dormant assets should be going forwards.
• The government plans to publish a response in early 2023 setting out these future purposes of the English portion.