Children's piggy banks hit

picture of chris payne with his children teaching them how to save

Children's piggy banks hit as parents adapt to cost of living pressures

  • Average weekly pocket money is down 23 per cent year-on-year from £6.48 to £4.99, new research reveals
  • Mums and dads are feeling the pinch most from increasing energy and food bills; half would rather sacrifice spending on their own leisure activities to protect pocket money
  • Halifax reveals the economic impact on pocket money over last 35 years

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