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Pocket money 'up by 11p in 2009' Pocket money 'up by 11p in 2009'
(about 4 hours later)
British children received an average of £6.24 a week in pocket money this year, a slight rise despite the recession, according to research.British children received an average of £6.24 a week in pocket money this year, a slight rise despite the recession, according to research.
The figure is up from £6.13 in 2008, but is still well below the average amount in 2005 of £8.37 a week.The figure is up from £6.13 in 2008, but is still well below the average amount in 2005 of £8.37 a week.
A survey of 1,202 children aged between eight and 15 for the Halifax bank found that boys typically received just over a pound more than girls.A survey of 1,202 children aged between eight and 15 for the Halifax bank found that boys typically received just over a pound more than girls.
A third of the children said they saved at least some of their money each week.A third of the children said they saved at least some of their money each week.
Lucky LondonersLucky Londoners
Research found that children aged 12 to 15 were given an average of £7.44 a week, while those between eight and 11 got £4.80.Research found that children aged 12 to 15 were given an average of £7.44 a week, while those between eight and 11 got £4.80.
Youngsters in London received the most money - about £10.79 a week - followed by those in the north east of England with £6.86.Youngsters in London received the most money - about £10.79 a week - followed by those in the north east of England with £6.86.
At the opposite end of the spectrum, parents in south west England and East Anglia were the least generous, giving £4.50 and £4.91 respectively.At the opposite end of the spectrum, parents in south west England and East Anglia were the least generous, giving £4.50 and £4.91 respectively.
It's great to see that so many children are saving Flavia Palacios Umana, HalifaxIt's great to see that so many children are saving Flavia Palacios Umana, Halifax
Across the country, boys received an aferage of £6.88, compared with girls' £5.58. Across the country, boys received an average of £6.88, compared with girls' £5.58.
Just under half of children who received pocket money said they had been given a rise during 2009.Just under half of children who received pocket money said they had been given a rise during 2009.
The survey revealed mixed attitudes towards saving, with 49% saying they put aside at least half of their pocket money, but a quarter admitting they spent every penny.The survey revealed mixed attitudes towards saving, with 49% saying they put aside at least half of their pocket money, but a quarter admitting they spent every penny.
While one in four children said they would save up if there was something expensive they wanted, 17% confessed they would rather resort to pester power to get it.While one in four children said they would save up if there was something expensive they wanted, 17% confessed they would rather resort to pester power to get it.
But an encouraging 77% of those surveyed said they wanted to know more about saving.But an encouraging 77% of those surveyed said they wanted to know more about saving.
Flavia Palacios Umana, from Halifax, said: "It's great to see that so many children are saving and actively seeking to learn more about it.Flavia Palacios Umana, from Halifax, said: "It's great to see that so many children are saving and actively seeking to learn more about it.
"This hopefully will instil a firm foundation of a healthy savings habit.""This hopefully will instil a firm foundation of a healthy savings habit."