Tandem Bank partners with Foundation 92 to deliver financial inclusion

Foundation 92, founded by Manchester United’s Class of 92, has partnered with Tandem Bank to deliver financial inclusion across Greater Manchester.

The programme, developed in conjunction with Tandem Bank, will support young people transitioning through educational settings, and vulnerable families facing poverty.

The initiative aims to empower vulnerable communities to take a leading and proactive role in both understanding and managing their finances through both bespoke and community-wide educational awareness.

Having launched its own Financial Education programme in January 2023, Tandem has reached more than 2,500 young learners based in 12 further education settings throughout the North West.

Research from LIBF found that 83% of students aged 15 to 18 wanted to learn more about money and finance in school.

The Foundation 92 programme will target Primary and Secondary school pupils, while also supporting families in the community that face poverty and disadvantage.

Across a rolling six week period, a series of workshops within local hubs such as schools and other centres, topics will be delivered and will include topics on budgeting, accounting, saving, credit scores, and understanding debt.

Tom Hutton, head of Foundation 92, said: “Financial literacy and education is crucial if our young people are to understand the financial responsibilities they will face in adult life.

“Never has this been truer than during the current cost of living crisis.

“The Prime Minister outlined last year that one of this Government’s priorities is to improve financial and mathematical literacy.

“I’m delighted that Tandem – a great North West employer – is supporting the community and empowering so many young people across the Greater Manchester area.”

Alex Mollart, chief executive officer at Tandem Bank, said: “Tandem is focused on helping consumers transition to a lower carbon lifestyle. But that fight against climate change is nothing is people are left behind and are unable to join it.

“Sustainability stands for so much more than just carbon emissions and creating a lasting impact across society is at the core of it.

“Financial skills and literacy are at the heart of the modern economy and our daily lives and yet so many lack basic skills or understanding – I’m proud Tandem can bring our expertise to help plug the gap.

“Everyone couldn’t be more excited to partner with Foundation 92 to help deliver this programme which we know will have a lasting impact for so many across Manchester.”

Ryan Giggs, Foundation 92 co-founder, said: “We’re delighted to be partnering with Tandem Bank on this fantastic programme, utilising the vehicle football to engage young people in an important and impactful topic that effects everyone in their lives.

“We’re looking forward to supporting many young people across the community through this initiative.”

ADVERTISEMENT