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Richer than ever

CHILDREN have more money than ever in their bank accounts according to research by the Royal Bank of Scotland. In the past year the average amount held increased from pound;82 to pound;92 for 11- to 15-year-olds and from pound;151-pound;181 or 16 to 17- year-olds. However, Children in Scotland warned that the figures mask underlying levels of child poverty and that children without bank accounts are missing out on the experience of managing money.

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