"Most youngsters thought that an ISA - an individual savings account - was an iPod accessory," Phil Willis told the House of Commons.
Young people surveyed "thought that the credit card with the highest APR was the best one to have", pointed out Adrian Bailey.
Given that a survey of the general population found that 50 per cent of people don't know what 50 per cent means, it seems unbalanced to pick on young people.
The hopes of 120 young people between the ages of 10 and 16 took a dive last week. A penalty scored by Peterborough United relegated Torquay United.
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