More than 200 trained HSBC UK employees are helping Beaver and Cub Scouts build financial literacy skills.
HSBC UK’s network of volunteers aims to reach more than 14,500 Beaver Scout Colonies and Cub Scout Packs across the UK over the next few years, the Scout Association said.
The new volunteering programme comes after Scouts worked with HSBC UK to develop their money skills activity badge.
More than 150,000 young people have earned their badge since 2021.
Natalie Gregoire-Skeete, head of sustainability UK, HSBC UK said: “Contactless, digital and mobile banking are increasing the invisibility of money, making it even harder to build young people’s financial confidence; indeed, research finds that more than half of children ages six to 10 say they don’t understand money.
“Financial skills are life skills, and by working together we’re able to deliver engaging, high-quality sessions that will give more young people the opportunity to earn their money skills badge and build financial capabilities for the future.”
Georgie Howarth, programme manager for the Scouts-HSBC UK volunteer programme said: “When we launched the money skills badge back in 2021 we knew that we had met a key need in young people’s development, and this volunteering programme takes the delivery of these skills to another level.
“Having a network of 200 skilled and enthusiastic HSBC UK volunteers working alongside our Scout leaders across the UK gives us an opportunity to help young people better develop these key life skills.
“It means that where Scout leaders lack confidence in subject knowledge, they can tap the local expertise available in their communities to work with them and young people won’t miss out.”
Why are you making commenting on The National only available to subscribers?
We know there are thousands of National readers who want to debate, argue and go back and forth in the comments section of our stories. We’ve got the most informed readers in Scotland, asking each other the big questions about the future of our country.
Unfortunately, though, these important debates are being spoiled by a vocal minority of trolls who aren’t really interested in the issues, try to derail the conversations, register under fake names, and post vile abuse.
So that’s why we’ve decided to make the ability to comment only available to our paying subscribers. That way, all the trolls who post abuse on our website will have to pay if they want to join the debate – and risk a permanent ban from the account that they subscribe with.
The conversation will go back to what it should be about – people who care passionately about the issues, but disagree constructively on what we should do about them. Let’s get that debate started!
Callum Baird, Editor of The National
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here