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Part of Prime Minister – in the House of Commons on 29th April 2020.

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Photo of Dominic Raab Dominic Raab The Secretary of State for Foreign and Commonwealth Affairs

I thank my hon. Friend for raising that excellent programme. He is absolutely right; a strong understanding of numeracy—for example, calculating percentages or doing divisions—underpins a young child’s ability to manage money. This Government’s reforms have made a step change in progress on numeracy and literacy for those young children, but that needs to be backed up by practical applications. Many organisations that support schools with financial education are adapting their programmes, and Young Money is an excellent example of that.