David Burton-Sampson MP: speeches

Speeches

• 8 May 2025 · Trade Negotiations · Hansard source

  More

  I thank the Minister, the Prime Minister, Lord Mandelson and all involved in this work for getting the deal over the line. Unlike some Opposition Members, who seem intent on talking down the Government’s positive work and our country, I find the deal really positive. Does the Minister agree that this trade deal, the one with India and the fall in interest rates announced by the Bank of England are positive signs that the Government’s plan for change is working and will start to benefit people in my constituency and across the country?

• 6 Feb 2025 · Financial Education · Hansard source

  More

  I, too, thank the hon. Member for Broadland and Fakenham (Jerome Mayhew) for bringing forward the debate and for the work he does on the all-party parliamentary group for financial education for young people. I would love to see a world where everybody is financially literate, where people understand their finances, manage them properly, invest, save, manage debt and protect themselves appropriately—in other words, where people are financially savvy. It is good for people and it is good for our economy. Financial education develops tools for life and creates good habits. It can help people deal with cost of living challenges and help break down barriers to opportunity too, because making the most of resources when there are fewer of them is paramount. Many people lack the basic skills of financial acumen and that disadvantages them through life. However, if someone has a strong grasp of financial concepts, they are less likely to get into debt, can make better decisions and prosper. That is why financial education is a must for adults and children alike. I have a number of ideas about how we can help educate adults too in that area. According to the Government-sponsored Money and Pensions Service, 39% of adults—more than 20 million people—do not feel confident managing their own money. Some 11.5 million people have less than £100 in savings, and 9 million of us are in serious debt. A Legal and General report, “Deadline to Breadline 2022”, suggests that “the average UK consumer is just 19 days from the breadline” if they lose their income. In my previous life in the banking sector, I knew only too well how a lack of financial management blights lives. I sadly saw several people throughout my career who did not plan and manage their finances appropriately or plan and protect their futures appropriately. When life took an unexpected turn and circumstances changed, I witnessed some incredibly sad situations where people lost everything. That story tells us of an urgent need for financial education programmes for adults and not just for children. Of course, the key to having financially literate adults is to teach financial education in our schools. Although, as we have heard, it was added to the national curriculum in 2014, its delivery is patchy at best and it needs to be improved. A few years ago, I was invited to deliver a financial education session to a group of sixth-form students. Following the session, a few teachers came over, thanked me for what I had taught them and then asked me for some advice—and they were the teachers responsible for delivering that financial education to the pupils. We have heard that financial education is included in the curriculum for secondary schools, but I too advocate for its inclusion in primary education. That could be done simply by embracing it in the maths syllabus. As a member of the all-party parliamentary group on financial education for young people, I support the recommendations that financial education be a mandatory part of the English primary curriculum. Training has to be given to teachers and the subject should be promoted by the Government in both primary and secondary education. I want to finish with a story of a person whom I admire for their brilliant financial management: a single parent who juggled finances to bring up two boys. She literally had different pots for different funds, from summer holidays to Christmas to birthdays to her contingency fund for a rainy day. Each week, she would use her perfectly crafted budget book to separate out her funds: so much for food, so much for bills and the remainder spread across her pots. She never relied on credit cards or borrowing. Her sons never wanted for anything, saw themselves as equals to their friends and would only really appreciate how stretched the family finances were when they got older. She had that skill embedded in her from a young age by her parents. That person was my mum. Being financially educated early can have a profound effect on future generations. We need that change. It is an essential life skill, and I implore the Minister to consider that as part of the curriculum review.

• 9 Dec 2024 · Primary School Breakfast Clubs · Hansard source

  More

  I have contacted all the primary schools in my constituency to encourage them to become early adopters. Child poverty in my constituency stands at 12.1%, and food bank use has risen by 433% over the last five years. Does my hon. Friend agree that breakfast clubs will be part of the solution by helping to lift children out of poverty, giving them food in their belly to start the school day and encouraging their parents back into part-time employment?

• 11 Nov 2024 · Topical Questions · Hansard source

  More

  T9. I agree with the Minister that it is vital for everyone who is eligible for support to claim for it, but what steps is she taking to ensure that claiming for pension credit is as simple as possible?

• 26 Jul 2024 · Infected Blood Inquiry · Hansard source

  More

  I welcome you to your new place, Madam Deputy Speaker—congratulations. I thank my right hon. Friend for his statement today, and for the swift actions of this Government in starting to resolve this situation. As we have heard, there have been far too many scandals over recent years, such as Hillsborough, Horizon, this infected blood scandal and the women against state pension inequality. Does the Minister agree that people have to fight far too hard and for far too long to get the recognition and justice they deserve, and that this simply has to change?