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<p>The department has no plans to undertake a detailed review of the teaching of financial
literacy in Denmark, Norway and Sweden. The department continues to work closely with
HM Treasury and the Money and Pensions Service to monitor the evidence base for financial
education to understand what works and what further support schools may need.</p><p>In
order to provide stability for schools and to enable them to remain focused on raising
standards of literacy and numeracy and recovery from the pandemic, the government
has committed to making no changes to the national curriculum for the remainder of
the Parliament.</p><p>The current mathematics curriculum in England already provides
young people with the mathematical knowledge that underpins their ability to make
important financial decisions. Mathematics is compulsory in maintained schools and
academies must teach a broad and balanced curriculum, including mathematics. Since
2014, the department has reformed the mathematics curriculum and examinations system,
bringing teaching practice from high-performing jurisdictions from across East Asia
to primary and secondary schools in England.</p><p>International comparison studies
of school-aged pupils show that England performs above the international averages
for mathematics for all age groups. Before the pandemic, England achieved its highest
ever mathematics score in the 2019 Trends in International Mathematics and Science
Study international test for year five pupils.</p><p>Ofsted’s latest mathematical
subject report in 2023 stated that primary mathematics education has seen "a
resounding, positive shift" with curriculum sitting "at the heart of leaders'
decisions and actions", whilst secondary mathematics education has seen "notable
improvements" in curriculum guidance and professional development.</p>
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