Pocket money squeezed in slump
The amount children receive each week in pocket money has fallen back this year, after recovering from 2010’s seven-year low in 2011, a survey showed today. On average, children are given £5.98 a week by their parents, down from last year’s £6.25, Halifax said in it is annual pocket money survey. But children in London have weathered the storm relatively well, losing only four per cent of their pocket money, from an already high base. Boys continue to be given more than girls, with the gap widening in 2012 to 37p per week, amounting to £19.24 less per year for girls.