Although children who gain experience of budgeting, spending and saving from an early age are more likely to be able to manage their finances as they take on financial responsibilities as they grow older, research from the Money Advice Service on the financial capability of children, young people and parents in Wales, launched during last November's Financial Capability Week, found that many young people about to turn 18 in Wales are ill-prepared for dealing with adult financial responsibilities. Just 35 per cent of children between seven and 17 had learned about money management in school and only 7 per cent had talked with their teachers about money.

Will you therefore encourage your Government to revisit the recommendations of the 2010 Communities and Culture Committee report on financial inclusion and the impact of financial education, which made clear recommendations in these areas? And can you also confirm what role, if any, the Welsh Government will be taking in UK Government proposals for a breathing space scheme, to provide individuals in debt with up to 6 weeks free from interest charges and enforcement to give them time to seek financial advice, hopefully—and I declare an interest—from independent third sector bodies, such as those two of my daughters work for, providing this impartial advice to people?