Thornhill Academy, launched it's ran its inaugural Financial Awareness Week to build students’ financial literacy. The initiative comes as a direct response to student requests for a better understanding of finance and its implications for their future.

In collaboration with Young Enterprise, the school is embarking on the Centres for Excellence programme supporting students to learn more about the role of money in society, managing their own money and the risks associated with money.

During the week-long event students worked with teachers, tutors and visitors from the My Personal Finance Skills organisation. Students in years 7-9 learnt about tax facts, fraud investigations and how to open their first bank account, while older students in years 10 and 11 learnt about the economy, making a difference with social enterprise activities and how to understand payslips and calculating deductions.

Sue Hamilton, Headteacher at Thornhill Academy, said: “In a cost of living crisis, where many face financial uncertainty, the importance of teaching young people about personal finance cannot be overstated. As we invest in the financial literacy of our young people, we lay the groundwork for a more prosperous, resilient, and equitable future for all.

“Through hands-on workshops and engaging discussions, students have been provided with invaluable insights and practical skills that will serve them well beyond the classroom. Financial Awareness Week is just the beginning of our commitment to developing financial literacy and empowering our students to take charge of their financial futures."