70 percent of teachers reported that their pupils are encountering “money and financial decisions” earlier than they used to, while 60 percent of UK adults believe that managing money is more difficult now than it was ten years ago. If education programmes are not in place to support this, the UK’s economy clearly faces a challenge.
Michael Mercieca was appointed Chief Executive of Young Enterprise in April 2012. He has overseen a period of financial and operational growth including in September 2014, the merger of the Personal Finance Education Group (pfeg) into Young Enterprise. He was previously Director of Finance & Operations at The Prince's Trust which he joined in 2003, with responsibility for Finance, Corporate Support Services, Programme Design and operations in Scotland, Wales and Northern Ireland.
Michael began his career in manufacturing at GKN and Racal before switching to the media sector, joining BBC Worldwide followed by Sky and then various independent film and TV production companies including Mentorn. Through his own firm, Media Gap, Michael has advised companies such as Yellow Pages, NTL (now Virgin Media), Cable & Wireless and The Co-operative Bank. He qualified as a Chartered Management Accountant in 1980 and is a Fellow of the Institute (FCMA).