Investment: Pharmaceutical Companies

Part of Oral Answers to Questions — Church Commissioners – in the House of Commons at 9:30 am on 29 January 2015.

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Photo of Tony Baldry Tony Baldry The Second Church Estates Commissioner, The Second Church Estates Commissioner 9:30, 29 January 2015

We seem to have skipped the question tabled by my hon. Friend Mr Nuttall, and to have skipped the hon. Lady’s preliminary question, so I shall reply to her question as if it were a supplementary.

The Archbishop of Canterbury’s task group on responsible credit and savings has received £150,000 funding from the Treasury for a trial of savings clubs known as “life savers” in six schools located in various parts of the country. I entirely agree with the hon. Lady’s point about the importance of financial education. If the trial works, the Church of England intends to extend the programme to more than 100 Church of England schools over a four-year period, which will benefit more than 30,000 children.