High street banks teach financial education in schools

It could be formalised by September 2014, but it already happens...

SOURCE TELEGRAPH  Disgraced high street banks 'to be welcomed into the classroom to teach children lessons in financial education'
Banks included Royal Bank of Scotland, Barclays and Lloyds may be given permission to use branded material and make presentations in English schools from September 2014. Lessons would include calculating the cost of a loan. Teaching unions and campaigners have warned that schools would need to ensure banks did not treat lessons as potential marketing exercises. Some banks have already been providing teaching materials to schools on a more informal basis and deny it is a commercial exercise. Staff from RBS and Natwest have given lessons in about 1,200 secondary schools over the past 18 years as part of their MoneySense for Schools programme.

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