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ACCA backs schools teaching finance

ACCA’s chief executive Allen Blewitt has backed proposals to add lessons on
money and debt to the school curriculum in a bid to improve finance skills among
British students.

In a letter to
The
Times
Blewitt says a focus on money and debt in schools is ‘much
needed’.

He adds that the ACCA
believes that school pupils should go through classes on tax, savings, debt and
pensions to ‘prepare them for adult life’. He writes that he believes it might
alleviate ‘longer-term’ problems as children move into adulthood.

Schools minister Ed Balls revealed this week that he intends to include debt
and finance on the curriculum.

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