TP ICAP is the founding partner of the UK’s first ever Number Confidence Week

TP ICAP is the founding partner of the UK’s first ever Number Confidence Week

02 Nov 2020

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Working with the UK charity National Numeracy, TP ICAP is proud to be the founding partner of the UK’s inaugural Number Confidence Week, taking place from 2 – 6 November.

 

Numeracy: the issue
Nearly 80% of the UK adult population have numeracy levels below the equivalent of a GCSE ‘C’ grade, and 49% are at a level expected of children at primary school. The National Numeracy 2017 YouGov poll revealed a quarter of people (25%) said they do not feel confident with maths.

This can make people more vulnerable to unemployment, debt and fraud. It also means the UK risks becoming less competitive internationally and costs the country billions each year.

 

Addressing the issue
The issue is not just about people's competence with numeracy, it is about their confidence and attitude to the subject too.

But this can be overcome, and the first ever Number Confidence Week aims to help people take the first step towards feeling good about numbers, so that they are better placed to build their number skills, which in turn will help to help millions get on in the workplace, manage money or help children with their schoolwork.
 
Why is TP ICAP the founding partner?
According to our report, The Confidence Gap: Women and Number Confidence, 78% of young British women would not consider a career
in financial services, with nearly half saying that a lack of confidence with numbers is a reason for this. 

As an industry, addressing this would help improve gender diversity, as well as broader social mobility.  

This is just one reason why TP ICAP is a founding partner of Number Confidence Week. We want to support our strategic charity partner National Numeracy to empower people from all backgrounds to build their numeracy skills, to help them get on in life, and pursue employment opportunities in financial services.  

And we’re not alone - joining us in our efforts are Olympic champion Dame Jessica Ennis-Hill and school maths teacher and TV personality Bobby Seagull.

Activities TP ICAP will support as part of the week include:

•    TP ICAP and National Numeracy publishing a short report: The Confidence Gap: Women and Number Confidence. The report examines the extent of the number confidence gap in the UK and how this might affect women’s career prospects, as well as suggesting ways businesses can help close the gap.

•    Releasing an inspiring social media video series featuring real life stories from women working in financial services, including TP ICAP.

•    Hosting a webinar for young women aged 16-19 to hear from inspirational women working in the financial services sector about how they overcame barriers, including number confidence, to build successful careers in the sector.

•    Encouraging people to join the 300,000 others who have already started improving their numeracy with the free online tool, the National Numeracy Challenge
 
Find out more here

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