Inside money

Cutbacks hit young students’ bonuses

Tthe bonuses paid as part of the Educational Maintenance Allowance are to be withdrawn. Ed Balls, schools secretary, said the bonuses – of £100 to those 16 to 19 year olds who qualify through attendance – will be honoured for January and July next year, but then scrapped.

Writing in the Sunday Mirror, Balls said:

Young [...]

Pressures, impulses, habits

Barriers to banking

I was interviewed earlier in the week by a financial journalist. We were talking about young people and bank accounts. I just heard that nothing I said made the published article (a known hazard in talking to hacks). Which spurred me to offer some thoughts here about this crucial bit of financial inclusion.

The argument [...]

Pressures, impulses, habits

Violence in relationships can be financial

Last week the Home Office announced a strategy to end violence against women and girls. Preventing violence in relationships will be included in personal, social, health and economic (PSHE) education. The idea is to address attitudes which condone and perpetuate violence against women before they become entrenched in young people.

There are also plans [...]