Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
This sequel to the classic family film, originally released in 1964, hit cinemas at the start of the year and will be out on DVD from 15 April. You may remember the original featured some sound advice on personal finance "If you invest your tuppence wisely in the bank/Safe and sound/Soon that tuppence safely invested in the bank/Will compound".
The new film's plot also revolves around financial matters. It's 1936 and Michael Banks (Ben Wishaw), one of the children in the original, is now a widower with three children of his own, and a job as a teller in the bank his father used to work for. However, an unpaid loan means that he and his familyare about to be thrown out onto the streets. Michael is unableto locate his late father's share certificates, and his employer, bank chairman William Wilkins (Colin Firth), is eager to foreclose the future looks bleak.Help is at hand when the eponymous nanny (Emily Blunt) arrives to save the day.
Children and adults alike will enjoy this charming, elegant story, and its tuneful, catchy numbers (though not quite as memorable as in the original).It will also introduce children to some sound personal finance advice, such as the importance of keeping your finances in order and quickly repaying high interest loans (or avoiding them altogether). Certainly, there are several City figures who could learn a thing or two from Mr Dawes Jr when he castigates his nephew Wilkins for enriching the bank's balance sheet at the expense of its reputation.
Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.
He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.
Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.
As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.
Follow Matthew on Twitter: @DrMatthewPartri
Act now: First Direct’s £175 switching bonus ending soon
First Direct has launched a £12,500 prize draw on top of its £175 cash bonus - but they both finish soon, so you’ll need to be quick
By Vaishali Varu Published
Credit card providers slash 0% balance transfer deals
Customers face a double whammy of rising interest rates and shorter 0% balance transfer periods. We look at what’s going on in the credit card market and why you’ll need to act fast to get the top 0% balance transfer deal
By Ruth Emery Published