Pupils will learn to handle their cash

The announcement means that the school, in Westfield Road, will work with an educational specialist to create a detailed programme of financial education for their children and integrate the teaching of personal finance into the school curriculum.

Teachers will be assisted in the delivery of effective personal finance lessons and learning activities, drawing on the charity’s 14 years experience of aiding educators in the schools across the UK.

The school is one of 103 across the country set to benefit from the programme.

Their knowledge will then be used to help others in the area.

James Hughes, headteacher at Beecroft Academy said: “We know just how important it will be for our children to manage their money well throughout their lives.

“These skills don’t come automatically – they need to be taught, and as it is our responsibility to prepare them for adult life we believe embedding financial education into our school curriculum is a necessity,” he added.