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Bank of England teams up with Beano comic to boost financial literacy

Thu, 16th Jul 2020 00:01

LONDON, July 16 (Reuters) - Bank of England Governor Andrew
Bailey will receive help from Dennis the Menace, Minnie the Minx
and other characters from Britain's longest-running comic on
Thursday to help school children learn more about money.

Characters from The Beano, published weekly since 1938, will
be part of lesson plans for teachers at British primary schools.

In one lesson, Minnie decides how to spend 10 pounds she
receives as a birthday present, while in another Dennis is
almost taken in by a financial scam.

Bailey - who has spent most of his time wrestling with the
economic impact of the coronavirus since taking the BoE's helm
in March - will launch the programme online later on Thursday.
The Beano's publishers said their market research had shown
that only 27% of children enjoyed learning about money, dropping
to just 19% of girls.

The BoE is not the first central bank to use cartoons to get
its message across to children.

More than 10 years ago, the European Central Bank released a
cartoon of a scaly, blue "inflation monster" terrorising a city
similar to Frankfurt until it was tamed by ECB officials.
(Reporting by David Milliken; editing by Stephen Addison)

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