Coffee House

Don’t ban Frosties: teach children the life skills they need to make choices

5 January 2013

What a very sensible idea from a group of more than 200 MPs in today’s FT: teach children about personal finance. The All-Party Parliamentary Group on Financial Education for Young People wants financial education to become a compulsory part of the curriculum, with banks visiting classrooms.

The idea that Natwest and Barclays could send their representatives into classrooms is obviously not enormously palatable to everyone, with critics arguing that this is just another route for big business to indoctrinate innocent minds. But consider this: research from the Centre for Economics and Business Research found a lack of financial education costs the taxpayer £3.4 billion a year in debt, mis-sold financial products, failure to plan for retirement and unemployment (the CEBR estimates that financial education can reduce the risk of unemployment by 10 per cent). Meanwhile 38 per cent of consumers surveyed by Which? said they were using payday loans to pay for food or fuel, even though 48 per cent of those taking out these high-interest loans found they could not afford to repay them.

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The Personal Finance Education Group says 43 per cent of young people between seven and 16 years old are worried about personal finance, and 84 per cent feel their school doesn’t do enough to teach them about money. Currently 55 per cent of secondary schools offer some kind of personal finance education. Given the CEBR and Which? stats, the current situation is too patchy to leave as it is.

Moreover, as the FT points out, big business has been visible in classrooms for years, with Tesco’s vouchers for schools scheme being the most successful example (and Cadbury’s 5,000 chocolate bars for one volleyball net scheme perhaps being the least successful). The APPG proposals are that banks would used branded materials but would not be able to push their products to pupils. There’s a case for responsible lenders teaching young people to become critical consumers of their products, rather than leaving them so wide-eyed that they can be enticed by the latest offer, or find themselves trapped in a payday loan spiral. Educating children about the complex financial world before they’ve entered that world as an adult makes sense.

Speaking of protecting children, what seems a little less sensible is the suggestion by Andy Burnham in today’s Telegraph that politicians might consider banning sugary breakfast cereals to stave off childhood obesity. Burnham is considering a 30 per cent cap on sugar in cereals, and Health Secretary Jeremy Hunt hasn’t actually been as vicious about the idea as other Tory critics, telling TV reporters this morning that he would threaten the industry with regulation too if it failed to clean up its own act.

Burnham obviously has a point that a cereal which is over a third sugar is not good for a child’s weight. The problem that the Shadow Health Secretary highlights and then doesn’t really solve is that he has bought his children sugary food without realising how bad it is for them. But as with the need for better personal finance education, the real need is not to limit consumer choice on a certain product – after all, even the healthiest child might fancy a cheery bowl of Sugar Puffs once in a while – but to teach families about healthy diets overall. Most people know that chocolate cake, eaten every day, will make you fat. But they might need a little more education on what a bowl of sugary cereal flakes does to your waistline. Laura Sandys outlined the need for better education about food for families in a recent Coffee House piece. It is far more powerful to alert people to the risks of a certain product while leaving them with the choice to continue to eat it, should they so wish.

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  • alexsandr

    I’d tell you all about cornflakes but its a cereal story.

  • Chan chan

    New York writer Daniel Greenfield has this to say about our ‘beloved’ NHS:

    “Here’s the thing about free health care: once you get it, you are no longer free. The cost of free health care is too much for both the giver and the receiver. The giver tries to find ways to cut the cost of free health care by rationing how much the giver receives and by trying to control the giver’s behavior so that he needs less health care. The cost of free health care for the giver is the economy. The cost of free health care for the receiver is his freedom.”

    And that, as they say, is that….

  • Remittance Man

    I’m surprised that so many MPs are in favour of giving children practical education about finance. In the usual course of events one would imagine such an idea would be enathema. For one thing equipping people with critical skills would mean most of the idioticpronouncments emanating from Westminster would be ridculed into oblivion, rather than becoming state policy.

  • jazz6o6

    As I pointed out on MyT. The Frosties issue could soon knock Gay Marriage off the top of the ‘agenda’.

  • WIlliam Blakes Ghost

    I’m,sick to death of the Freakshow asylum inmates banging on about ‘elf (Skynews obsess about nothing else). There is nothing worse in this world than a bunch of brain dead health fascists (and Burnham is a prize exhibit of this) trying to ‘educate’ (aka oppressive brow beating authoritarian bullying) people into what is the most tedious and despairing lifestyle I can think of. Education should be about teaching people to think for themselves and to learn. It is not about indoctirinating them to be ‘good little citizens’ in the mould of their despotic rulers.

    In anycase, the only reason for it is because these despots of the ruling political classes, egged on by self-serving vested interests in the health profession, are in fear that their greatest sacred cow, the NHS, is going to crumble under the weight of an excessive population that they have actively promoted and a lack of resources caused by their profligate excesses and dysfunctional management of the economy. Once again the ruling political class choose to punish the electorate for their failure!

    As for Burnham I think he would be better served worrying about how badly he is going to come out of the Francis report (should he resign as Shadow Health spokesman given his involvement as Health Secretary?) given I believe it was he who promoted the head of the Mids Staffs Health Authority who oversaw that outrage to a post at national level?

  • eeore

    How is the Bilderberg organ the Financial Times, proposing sending bankers into schools to teach children about finance a sensible idea?

    Don’t you read the papers? Haven’t you noticed the way in which inflation has rocketed since the end of WWII and the value of money has fallen? And haven’t you noticed that this has increased within the lifespan of the Bilderberg group?

    But no matter.. I understand that it is your hook for the article….

    As for the proposals, if you really want to deal with obesity – what a dreadful word – the issue is not the amount of sugar – dependent on the type – the amount of fat – dependent on the fat – or any other constituent part of the ‘food’. The issue is the portion size.

    Next time you have you preferred cereal, (and I’m not talking about something highly sugared like Corn Flakes, but Muesli or similar) after you have poured what you feel is a ‘normal’ portion into the bowl, try weighing it and compare it to the dietary advice.

  • Daniel Maris

    I told you the way they’d target Farage was to tell the truth about him…

    Revealed: UKIP’s Belgian-baiter leader Nigel Farage and his family links
    to… Belgium


    Nigel Farage caused uproar when he told EU
    President Herman Van Rompuy he had no charisma and looked like a bank

    He added Belgium was ‘a non-country’ and
    continued to mock Belgians

    In fact, he is descended from Georgius
    Ferauge who lived in the Ardennes, a region that straddles France and

    Follow us: @MailOnline on Twitter | DailyMail on Facebook

    • Wessex Man

      sweet Daniel Maris, sweet!

    • Noa

      Daniel, surely the moral to be drawn from this expose is that, given effort and application, even persons of partially Belgian descent can be turned into urbane and witty Englishmen?

  • racyrich

    Surely the kids are being indoctrinated into the peace-loving religion and are learning that paying interest is a sin. They’re more likely to grow up wanting to kill the bankers than borrow money from them.
    Of course, in a previous age their parents and parsons would have taught them much the same message – neither a lender nor borrower be.

  • barbie

    We had a motto taught us when young ‘never a borrower or lender be’ its worked for me all my life. If I can’t afford it I don’t have it, or I save till I can afford it. Debt is to easy, and loan sharks aloud to function without redress, buying your own home as become the biggest debt many undertake, and financial industries obliged with 100% mortages. However you need continued employment to pay for your house and jobs are not secure like they were. One can see where the problems have come from.

  • Maureen Stovell

    Cigarettes are not only taxed to the hilt but also hidden behind closed doors perhaps they should do the same with FROSTIES OR JUST BAN SUGAR TOTALLY.Better still scrap all overseas AID and refuse entry to stay to all foriegn people including from the E U. Then we would have the resources to give a better education to all and much more.

    • Robin Hood

      get a life

  • Fergus Pickering

    Good God, the country’s up the creek and we’re talking about breakfast cereals.

    • Noa

      Don’t we import sugar to add to them, Fergus? Is that an import the country can afford?

      Probably not, so better to import Roumanians, they at least will not create cavities in your teeth.

    • Austin Barry

      Cereals, gay marriage, the Olympics (and the asinine, politically convenient deification of Mo), Leveson, Savile and the BBC – all diversionary tactics to distract the electorate from its preoccupation with mass immigration, the economy, the EU and, above all, the consequential, inexorable rise of UKIP.

  • simon lomax

    you forget who you’re dealing with. these are politicians not normal people. their two big ideas are TAX IT and the fail safe BAN IT. .they’re morons.

  • AllanRBrewer

    Teachers are quite capable of teaching personal finance – there is no need for commercial professionals to enter the classroom.

  • David Ossitt

    It is not, or rather it should not be the job of government (still less the opposition) to treat everyone as children in need of benevolent (or as I believe malevolent) guidance.

    We as a people are going to hell in a hand cart, first, tobacco, then drink, now fats and sugars.

    All of these controls are replacements for all of the things that they will not face up to.

    Such as Europe (let’s get out) European Court of Human Rights (let’s get out) immigration (let’s stop it) foreign aid (stop it entirely) the list is almost endless but it is far easier to prat about rather than fix that which needs fixing.

  • Thick as two Plancks

    Perhaps the school sports curricula should be altered to emphasise continuous arithmetic. So instead of soccer with its one or two goals per hour have darts, snooker, boxing, card games… yes, for the girls too.

  • the viceroy’s gin

    This is too funny. The politicos think they need to start educating the children about matters fiscal and financial. So they’ll be as able at the task as the politicos themselves, I suppose?

    You really couldn’t make this stuff up.

  • Davey12

    Only the moral hazard teaches everything else is just indoctrination.

    The only thing you need to know in life is not to get into debt. A young person leaving school should start saving straight away. Save as much as you can and only spend what you can afford. It will not take long before the money mounts up. After a while all those that started saving will be able to save enough to buy a car, a TV, a washing machine, take a holiday, pay for Christmas, all from savings. After a few years most will have enough that they could take several months off, if they wanted.

    For the commies, not everyone can do this brigade. Just seen a nephew of mine buy his first car from savings, 2 grand, not bad. Left school and signed on with an agency., From here he has a couple of companies that give him a call directly when work is available.

    Sadly with have all been sold the madness of buying stuff on the never, never. With this comes debt slavery and now you work to pay off your debts.

  • anncalba

    I learned the much despised “Domestic Science” at grammar school; it wasn’t just “cooking and cleaning”, it emphasised how to manage a household budget, and has stood me in good stead all my life. No bankers were involded, thank God!

  • Jebediah

    The Labour party and the chocolate ration you couldn’t double think it up.

  • Noa

    Teach children about personal finance – it’s a positive insult for you to give any credit to politicians for this idea. Martin Lewis has been banging on about it for years and of course it’s a good idea, in principle.

    And Ms Hardman, please give credit where it’s due.

    Successive Labour governments have politicised the curriculum to create the present educational dystopia, from which the majority leave without being able to read, write or count. Are they proposing to abolish the equality and diversity agenda, the hallowed teachings of the sweet shop keeper Mary Seacole and even educate incompetent teachers in the mysteries of maths, to facilitate this basic tenet of education?

    If not the teaching of basic arithmetic will simply be another expensive failure

  • alexsandr

    this is all kids need to know about finance:-
    Mr Macawber said – ‘Income 20 shillings, expenditure 20
    shillings and sixpence, result misery. But income 20 shillings,
    expenditure 19 shillings and sixpence, result

    george osbourne needs the same lesson IMHO

  • Fergus Pickering

    In my view schools should not teach anything that is ‘relevant’ because that always means trying to indoctrinate children with things they ‘ought’ to know. Life skills? Pfaugh! They should teach foreign languages, English grammar, mathematics, painting, music and poetry. That’ll do.

    • James Strong

      I’d say teach them science as well, two of : physics, chemistry and biology with just a little bit of the history of science.
      That will teach them the thinking skills and introduce some healthy scepticism.
      With those skills there is no need to teach anything ‘relevant’ which is indeed often an attempt at indoctrination.

      • Stuart Eels

        Yes but I’d add History as well too then they can learn what a bunch of lying scumbags politicians have always been.

  • Magnolia

    A lot of Isabel’s own thoughts here I think.
    Actually a tiny piece of chocolate cake each day can help you stay slim if you use it as a treat and eat good stuff in moderation for the rest of the time.
    I am presently on my Tunnock’s tea cake diet and it’s working well.
    I read an interesting piece in the DM recently about how it is sugar that makes us fat by inducing leptin resistance. It advised to reduce the sugar in recipes by 2/3rds.
    I might try that. I also like the sound of experimental vegetable cakes such as Nigel Slater’s beetroot chocolate cake.
    The problem is that no one thing is going to be a correct solution en mass for the population and the real problem here, as with personal finance, is ignorance.
    How can our governments legislate to remove the ignorance surrounding food and money use. Part of the solution must be not to undermine those who do the right thing and governments are very bad at that.
    Anyone can learn to cook but they do need the time to do it and the wish to impart their knowledge to the next generation.
    My own advice is to forget breakfast cereals and to stick to porridge which is far cheaper. Make it with whole milk and a slug of cream for kids and their own choice of teaspoon of jam, just like my granny did.
    Finance is simple. Correct the ignorance by encouraging everyone to read the business pages of any newspaper.
    Legislation is already in place to deal with ignorance. Advice is what is required and no government undermining of those who do the right thing.


      Politicians and state officials are almost all ignorant. Since their aim is only to gain personal power and influence why would they need to know anything beyond that? And therefore what on earth could they possibly communicate?

      They are financially illiterate. They have egged on the spend on credit fuelled boom and bust. How could they possibly be taken seriously on any aspect of proper financial control

  • David Ossitt

    “Speaking of protecting children, what seems a little less
    sensible is the suggestion by Andy Burnham in today’s Telegraph that
    politicians might consider banning sugary breakfast cereals to stave off
    childhood obesity.”

    Please do not take any notice, or rather do take notice that Burnham is not a lone voice many in the labour party are espousing a new policies and ideas, he is just the latest, someone probably The Dark Lord Mandelson has told them all to get a move on and come up with new policies because the general public are thinking (quite rightly) that they have nothing to say other than to knock, nark and moan about “too deep, too fast, change course” the Dark Lord is correct they (the labour Front Bench) are losers each and every one.

    • Noa

      Yes David. His one ring binds them all.

      • David Ossitt

        Nice play on words, they like he can be taken in more ways than one.

        • Wessex Man

          If we are daft enough to believe these people act in our interests we’ll get everything idiots deserve. They don’t seek to govern by democracy but by dictate and it’s not just loony Labour it’s the Tories and Lib/dems as well. I bet that come the run up to the General Election that UKIP will have a policy of their central office imposing candidates on locals as well.

          As for the ban on frosties, check out Ed Balls interview with Peter Allen on Drive Radio 5 Friday in which, Allen tore him to pieces and got him to admit that his latest ‘full employment’ plan was just an aspiration.

          These politicians never learn and never realise that as people find new ways of communicating we trust them less and less, unlike previous generations!

  • Jozanesz

    The problem with sweet foods is that it is parents who make children’s choices for them when they are too young to make their own decisions. By the time children are conscious of the fact that they are either obese, or simply that such quantities of sugar are unhealthy, they have already been ‘programmed’ to want these sugar levels.

    • Fergus Pickering

      Oh get stuffed. When I was a kid sweets were on the ration and I couldn’t buy them at all. It didn’t stop me wanting them though. Sugar is a natural human need like alcohol.

      • Jozanesz

        It’s not about wanting them, it’s about becoming addicted to them (ditto for the alcohol).

        • Stuart Eels

          No it’s not, kids love sweet things and hunt them out, with your views you should enter politics!

  • Jonathan Barfield

    Personal finance education has long been a compulsory part of the curriculum (it’s in the same National Curriculum PSHE documents as Careers) – it’s just been ignored hy most schools and the requirement hasn’t been enforced.

  • Ariel C. Nique

    All most teachers do these days is provide the answers to a series of hypothetical questions set in various national curriculum topics; no-one seems to teach analysis or critical thinking. So how are they going to teach ‘Personal Finance’ when the Government’s advisers don’t understand it – and probably the teachers themselves don’t either!

    • Fergus Pickering

      Ah, teachers nowadays! In my day they were all teaching us critical thinking and analysis and Kant before breakfast. Where did it all go wrong? Analysis of what, by the way? Sentence analysis I remember.

      • TomTom

        Grammar Schools for Latin Grammar….noone seems to bother with English grammar

  • Russell

    Clear thinking by Burnham with his astonishing plan to decide what people eat by law!
    I presume childrens sweets should be banned as they contain a much higher % of sugar than breakfast cereals.
    Labour really are a party with no ideas.


      Will sugar be banned as it apparently contains 100% sugar.! Why have we not been properly warned about this!!!!

    • Colonel Mustard

      Burnham has previous for this type of uber-nannying. The Tories could make capital from it by referring to Sugar-Banning Burnham or Frostiesgate but they won’t because they themselves tend to support this type of meddling interference in our lives.

      • eeore

        They support it because it is not uber-nannying.

        Would you drink Pepsi if you knew that one of the colourings was made from rendered children? Or that the Guiness contains coal? White wine is made drinkable by anti freeze? etc.

        Or look at microwave foods – which are apparently very popular – the dietary advice on the packaging is completely meaningless because as soon as you microwave it the nutrition is gone and all that is left is fat and sugar. Try microwaving water, and feeding it to plants and see how long they last?

        • RGtx

          I’ve been warming rain water in the microwave for years, and all my plants are thriving, including the stapeliads, which are notoriously difficult to maintain. I always water seedlings with rain water sterilised by boiling in the microwave, and have found no loss of germination over using tap water, and probably lower damping-off disorders. So I don’t really understand the point you are trying to make, do you?

        • Ian Walker

          that reminds me, I must buy shares in tin foil

  • michael

    Big business has no business promoting in classrooms if it is not prepared to pay its dues. Don’t these schools represent he front line of tax redistribution?

    Conversely, shouldn’t pupils be warned about the integrity of top brands that are deliberately shady about their tax arrangements… It’s their education that faces the consequences of revenue shortfalls.

    Without revenue from business, 23 million private sector workers are left to fund Britain’s entire population… it just doesn’t add up. We need drastic supply side deregulation and reform.

    Tax & Law…SME’s that can’t pay, sell up. Big businesses that won’t pay, move out.

    • James Strong

      How many businesses do you know that have paid less than what is legally due?
      Why should they pay more than that?


        Michael, if you have evidence that any companies have not paid the tax that they are legally required to then do pass that evidence on to the authorities. Otherwise you are parroting the faux-outrage of various political hypocrites.

  • Rhoda Klapp

    Why is it that when politicians are failing to do the things they are supposed to do they do not stick to it or change their approach but cast around for something else they can mess up? This nanny stuff stinks. It’s not their business what I eat. And as far financial training, do they not realise that the reason thick people get into financial trouble is that they are thick people. They cannot be protected against themselves. (And I mean thick people of all intelligence levels.)

    • dalai guevara

      Nonsense – like any other school ‘indoctrination’, financial knowledge is of the essence in societies that have been living beyond their means for decades. On the continent, I know of local banks entering the classrooms as far back as the Eighties: 50,000 fictitious currency units handed out to groups ready for investment, filling in forms, orders, buying shares etc at the local bank. After 6 months, the portfolios were evaluated and top ranking teams rewarded. This simple system allows anyone who is interested to partake in almost any type of financial transaction available on the market. Once you graduate and earn your first 10k, you have no difficulty in taking an informed decision what to do with it.

      This is entirely incomparable to the betting shop culture here.

      • Rhoda Klapp

        And yet all the pp and E graduates in the commons have spent all the dosh. Is it because they needed financial training? They can teach us nothing. And stupid people will continue to go broke, because they are stupid people. And what’s more, they will tend to be the people to whom all manner of unpleasant things happen, whose lives go wrong and whom other folks have to bail out. They will smoke when they know it is bad for them, they will drink too much and they will do stupid things. And all thy piety and wit won’t prevent them.

        • TomTom

          PPE contains no Finance as such as most options are in Politics (legacy of 1968) and the Economics options are very limited in fact with few taking Public Finance or Monetary Economics…..but i will laid odds that Hague, Cameron, did not take Economics beyond 1st year and that is basically A-Level. There is too much focus on Macro-Economics which is probably way out-of-date and neglects Product Markets – look at Solow’s recent comments on Macro-Economics…….it is simply too glib and abstract

    • eeore

      Only a thick person would not want the government to protect them from the base instincts of food manufacturers. Brand names only exist today because of the legislation that stopped millers debasing products with bird lime and the like.

      Given the level of fraud involved in food labeling – legally (technically) I know it is not fraud, but actually it is – is it really thick of people to buy ‘diet’, ‘low fat’. ‘healthy’ food and wonder why they get fat and unhealthy?

      A while ago I was involved in installing a database for a food manufacturer at the time the GMO thing blew up.

      GMO corn is used as a carrier for additives, and therefore it became an issue as to what the meaning of GMO free meant. The manufacturer produced own brand supermarket products – the only real difference being the level of salt and sugar in the product – and the company’s argument was that a particular colouring was 0.0001% of the product (when you factored in the cooking and manufacturing process) and therefore they were justified in labeling it as GMO free.

      The manufacturer of the dye claimed that they could not change the carrier to a non-GMO source, and when the argument was put to buyers for most of the supermarkets they were willing to go along with the lie – after all what could go wrong with eating a product that produces it’s own pesticide, and is so toxic that by law it requires a set aside field to allow the insects necessary for pollination to survive? – I was less than happy about matters, and happened to mention the scam to the buyer for the biggest supermarket (I’ll leave you to work out which one it is) and miraculously – after threats of ending the contract – the product was genuinely GMO free (I doubt it is now, as the plant has moved to Eastern Europe and what do they care?).

      Now I mention this because I saw rancid meat get through the E-coli checks (it’s fine if you cook at a high enough temperature) (my favourite was the condemned chicken that couldn’t pass any of the tests, no matter how hard they tried, and was served up as chicken curry in the canteen for a week afterwards (just pick out the blue bits, it will be alright)), or when you look at the picture on a food product, the picture as nothing to do with the product – generally they fill it full of starch to make it rock solid, and then touch it up with paint, to make it look appertizing before they photoshop it – or the issues around labelling, best before, etc – or the reasons for the levels of salt, sugar and fat in processed foods.

      The fact is that it isn’t like the thick people who think a studio flat is worth three hundred thousand pounds and a credit card is actual income. The fact is that reasonably informed people people are being hoodwinked and their health damaged by people who don’t care (and why should they when white collar crime is almost always unpunished, and supposed libertarians fall for the NLP of the criminals)

      Where you are correct, is that the government is using something that doesn’t exist to mask something that does. Because there is no obesity epidemic among children – if anything there is an issue with malnutrition.

      • Rhoda Klapp

        You are describing cheating and getting round genuine regulations. This is not the same as busybodies telling you which foods to eat based on what amounts to uninformed prejudice. None of that stuff is going to harm you, taken in moderation. Taking it to excess is a function of stupidity. What you end up doing is restrictng people using the product safely in order to get to the ones who abuse it. There is a liberty issue, and the government always tend to be on the wrong side of it.

  • Colonel Mustard

    If this idea involves MPs and banks it is more likely to be the teaching of fraud than finance.

    Control freaks the lot of them. They think Britain is a Lego set and each week they dream up new ways to put the blocks together to “improve” on the last construction. Meanwhile the blocks stay the same but just get bothered a lot and the number of builders with “good ideas” for interfering in our lives grows and grows and grows.

  • TomTom

    Gordon Brown hred so many personal tutors from KPMG and UBS and McKinsey on Secondment at the Treasury and he learned nothing but how to look after bankers. Ed Balls fell in love with Larry Summers and spent his time fawning over Alan Greenspan while Gordon had Shriti Vadera of UBS weave her magic on his Grand Bank Bailout Bust…………why would we expect poor little school children to be better informed than the last History Graduate in 11 Downing Street to get personal tuition from Banksters ? After all Dr James Gordon Brown had the splendid thesis “The Labour Party and Political Change in Scotland 1918–29” where the only critical aspect was the year 1929

  • Heartless etc.,

    Oh Dear! a sad bunch of MPs lagging behind again! LieBore started all this ‘education’ (sic) way back, – even to the extent of teaching kids how to fill in dole forms or whatever it was. The H2B should urge MPs to get real and ‘progressive’ – like what he is.

  • Daniel Maris

    I think I’d allow paedos in the classroom before I allowed bankers.

    This is an awful suggestion. Yes, let children have a bit of personal finance advice but let’s not let these robber bankers get their commercial claws into the classroom.

    • TomTom

      How wil Banksters get CRB Checks ? Then again HSBC Infrastructure Fund owns so many of the schools under PFI anyway that it should have a head start on explaining Drug Money Laundering and how the banking system was kept afloat in 2008 with Narco Funds

      • FonyBlair

        You need a CRB check to work in financial services.

        There are schemes run by training co’s in schools where FS firms allow employees to volunteer to help. FOR FREE!

        It’s eye opening how many kids know about pay day loans from TV ads etc. and not much else. So don’t denegrate FS firms and employees trying to help think about personal finance because of a few “bankers”, your own prejudice and requirement for all teaching to be delivered by the saintly public sector

        • TomTom

          I am in favour of Usury Laws to cap all Interest Rates and close down Wonga loans

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