And finally…Scots pupils to be taught about pensions, mortgages and debt

Aberdeen-based legal firm Aberdein Considine is to speak to children in schools across Scotland to teach them about pensions, mortgages and credit cards to help them understand the danger of debt.

The firm plans to take its ‘Maths Into Finance’ programme to secondary schools in Aberdeen, Glasgow, Edinburgh and Perth.

The lessons will also include advice about borrowing, budgets, interest rates and managing debt.

Aberdein Considine’s Alan Cumming said: “As a firm of financial advisers, estate agents and lawyers, we have seen the impact bad financial decisions can have on young people, sometimes burdening them with a lifetime of debt before they even reach their 30s.

“This has been recognised by the Scottish Government and financial education has been a part of the curriculum since 2008.

“We are delighted to be adding our practical experience of financial matters to these lessons and showing youngsters how maths is applied to everyday life.”

More than a third of 18 to 24-year-olds owe about £3000 and have concerns about money, a recent National Debtline survey found.

Aberdein Considine is partnering with Aberdeen charity TechFest to provide the lessons.