HSBC UK staff pair up with Beaver and Cub Scouts to teach money skills

The caller volunteering programme comes aft Scouts worked with HSBC UK to make their wealth skills enactment badge, with much than 150,000 young radical having earned their badge since 2021

Over 200 HSBC UK employees person been trained to assistance Beaver and Cub Scouts make fiscal literacy.

HSBC UK’s web of volunteers aims to scope much than 14,500 Scout groups nationwide successful the coming years, the Scout Association has announced. This inaugural follows a collaboration betwixt the Scouts and HSBC UK to make a wealth skills enactment badge, which has been awarded to much than 150,000 youngsters since its inception successful 2021.

Natalie Gregoire-Skeete, HSBC UK's caput of sustainability, commented: "Contactless, integer and mobile banking are expanding the invisibility of money, making it adjacent harder to physique young people’s fiscal confidence; indeed, probe finds that much than fractional of children ages six to 10 accidental they don’t recognize money."

She added: "Financial skills are beingness skills, and by moving unneurotic we’re capable to present engaging, high-quality sessions that volition springiness much young radical the accidental to gain their wealth skills badge and physique fiscal capabilities for the future."

Georgie Howarth, who manages the Scouts-HSBC UK unpaid programme, said: "When we launched the wealth skills badge backmost successful 2021 we knew that we had met a cardinal request successful young people’s development, and this volunteering programme takes the transportation of these skills to different level."

"Having a web of 200 skilled and enthusiastic HSBC UK volunteers moving alongside our Scout leaders crossed the UK gives america an accidental to assistance young radical amended make these cardinal beingness skills."

"It means that wherever Scout leaders deficiency assurance successful taxable knowledge, they tin pat the section expertise disposable successful their communities to enactment with them and young radical won’t miss out."