Financial Education Bill

A Bill to make provision about financial education; and for connected purposes.

Originating House

House of Commons

Sponsor

Mr Peter BedfordConservative

Parliament last updated

1 May 2026

In Plain English

AI-generated

May contain errors — check source documents for definitive information.

The Financial Education Bill would create a legal framework for financial education across the education system, setting out what should be taught and how it should be delivered. It would place duties on schools and related bodies to provide or support financial education, with connected purposes covering linked measures. The bill is sponsored by Mr Peter Bedford and is currently at its second reading in the House of Commons.

Key Points

Establishes a legal framework for financial education within schools, colleges and related education settings.
Defines what financial education should cover and how it should be taught.
Creates duties or expectations on schools, local authorities, and related bodies to provide or facilitate financial education.
Includes connected purposes that may cover linked reforms such as teacher training and curriculum alignment.
Progress: currently at the second reading in the House of Commons after first reading on 11 March 2025.

Progress

The bill completed its first reading in the Commons on 11 March 2025 and is now being debated at its second reading.

Who is affected?

Pupils and students in primary, secondary and further education settingsTeachers, headteachers and other school staffParents and guardiansSchools, local authorities and governing bodiesFurther education colleges and training providersOrganisations involved in financial education and policy development

Generated 21 February 2026

Bill Stages

1st readingCommons

11 Mar 2025

2nd readingCommons

Committee stageCommons

Report stageCommons

3rd readingCommons

1st readingLords

2nd readingLords

Committee stageLords

Report stageLords

3rd readingLords

Royal Assent

Updates & Documents

News (1)

Financial Education Bill

12 Mar 2025

The 2024-2026 session of Parliament has come to an end so the House of Commons is now prorogued until the next session begins on 13 May 2026. Prorogation is the formal end to the parliamentary year.

This Bill will therefore make no further progress.

Parliamentary Votes (0)

No recorded votes for this bill yet.