Lessons in finance warning

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YOUNG people in academy schools across Portsmouth risk being left behind if they miss out on financial education, a financial services provider has warned.

Yorkshire Building Society is urging the 51 academies in Portsmouth to pledge to teach financial education even though they are not required to follow the national curriculum on which it appears.

The society has written to all 5,000 academies in England to seek their commitment at the same time as launching Money Minds, a free financial education programme 
delivered by its colleagues, to help children aged five to 19 learn more about managing money.

Andy Caton, Yorkshire Building Society’s chief corporate affairs officer, said: ‘If academy schools do not deliver financial education then much of the great progress made in recent years to establish its importance within the curriculum will be lost.’