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The Guardian - UK
The Guardian - UK
Business
Phillip Inman

Money matters: why museums could help Britain’s poor financial literacy

A display at the Bank of England Museum in London.
A display at the Bank of England Museum in London. Photograph: Steve Vidler/Alamy

The Bank of England has shelved a £250,000 plan to revamp its museum, adding at least a year to more than five years of debate about how to provide a focal point for financial education in England and Wales.

As a recently launched parliamentary inquiry into the state of financial education in English schools progresses, the central bank’s move shines a spotlight on the UK’s lowly position in international league tables for the general understanding of financial matters.

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