Financial education should be taught in every further education and sixth form college, a report from the All Party Parliamentary Group (APPG) on Financial Education for Young People says.
The retail prices index (RPI) rate of inflation fell to 2.9% in August, down from 3.2% in July, new figures from the Office of National Statistics (ONS) reveal today.
Households will see an increase in real income next year for the first time since the credit crunch struck, with middle-income earners and poorer families benefiting the most, according to research.
Bankrupt consumers looking to open a new basic bank account will now only be able to open a Barclays account, after the Co-operative Bank decided to stop offering accounts to undischarged bankrupts.
Low-income families could be pushed further into financial difficulties and debt by a shift to monthly benefit payments under Iain Duncan Smith's welfare reforms, a think tank warned today.