Pocket money falls short for first time in a decade

From: The Independent - London | Date: April 7, 1997| Author: Simon Reeve | Copyright information

Children's pocket money has declined for the first time in a decade, possibly indicating financial prudence in the run-up to the general election, and raising the spectre of bitter strikes and demonstrations in homes across the country.

After rising steadily year-on-year since 1987, the latest Wall's Pocket Money Monitor for 1997 reveals that the weekly rate has fallen to just pounds 2.33. This is a 7 per cent decrease on last year, and is a blow to children who remember the dramatic 3...

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