Pocket money in Wales falls 11%, Halifax survey finds

Date posted19/08/2014

It is not just the grown ups who can feel the economic pinch, children can get hit in the piggy bank as well, according to research by the Halifax.

The bank's annual survey found youngsters in Wales have had an 11% drop in pocket money since last year.

And regional differences remain: the average for Welsh youngsters is £5.54 while across Britain it is £6.35.

The poll of 1,164 children found those in Wales have seen their income tumble from £6.15 in 2013.

The latest figures represent a long fall down the pocket money league for children in Wales.

In 2010, they topped the table at an average £7.77 per week, the most in Britain, even ahead of youngsters in London, who now receive the most pocket money, with an average of £8.26 a week.

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