The Guardian

Only GCSE reform can free up space to teach financial literacy | Letter

Teaching practical maths skills is tricky in an overstuffed curriculum, writes Myles McGinley , in response to an article by Simon Jenkins Students and teachers alike are calling for a more relevant curriculum that includes vital skills like financial literacy ( Sunak is right that our students need financial literacy – but that shouldn’t mean yet more maths, 29 May ). There is no binary choice between the academic study of maths and more specific knowledge of compound interest or inflation. A general anxiety around maths is a predictor for poor financial literacy , while having high levels of both maths and financial knowledge is associated with better financial behaviour than either one alone. Continue reading...