Children cross pound;3 threshold

Tes Editorial

POCKET money has increased by 29 per cent in the past year - with children receiving an average of pound;3.10 a week.

The survey of more than 1,180 children aged five to 16, by confectioners Walls, estimated that, with an additionl pound;3 gained through gifts and earning, youngsters in Britain now have a weekly spending power of pound;73 million.

Scottish parents are the most generous, paying out pound;5.35 a week, while parents in the South give pound;2.71.

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