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London Stock Exchange boss: Teach about the City at school

London Stock Exchange director says teaching students about finance in schools could unleash a new generation of investors

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Teaching students about the financial world in schools could unleash a new generation of investors, said the director of the London Stock Exchange.

Julia Hoggett, who joined the stock market from the Financial Conduct Authority last year, said a lack of basic knowledge about markets was one of the reasons why fewer adults were investing in stocks.

Education: Julia Hoggett said a lack of basic knowledge about markets was one of the reasons why fewer adults were investing in stocks

Education: Julia Hoggett said a lack of basic knowledge about markets was one of the reasons why fewer adults were investing in stocks

She said: ‘It is fundamental that savers, private investors, policyholders and retirees can invest in their future. But we need to make sure everyone has the right tools.

‘Educating more about how economies and markets work, from school age, is an important first step.’

She added: ‘There is no magic bullet. It’s about how we talk about the impact of markets in the real world, and about improving financial literacy.’

Separately, a survey earlier this year found that young people were eager to learn more about personal finance, as fraud and the rising cost of living made them nervous about their money.

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