earnings

KIDS’ ECONOMY 2022/23: POCKET MONEY ANNUAL REPORT REVEALS CHILDREN’S EARNINGS OUTPACE INFLATION

• The NatWest Rooster Money Pocket Money Index, a study of over 125,000 children, is the most comprehensive analysis of the UK youth economy this year and reveals the trends shaping young people’s finances
• Kids’ average earnings increased 11% to £338.84 a year (or £6.42 per week),
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TUC poll: 1 in 3 parents with pre-school children spend more than a third of their pay on childcare

• New poll shows working parents spend a big chunk of their pay on childcare
• TUC says this is putting “huge pressure” on family budgets
• Union body calls for an urgent plan to get wages rising across the economy – and an immediate increase in the minimum wage to at
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1 IN 5 UK PARENTS FEAR LIFE WILL BE HARDER FOR THEIR CHILDREN AS COST-OF-LIVING SOARS

• A quarter feel they don’t earn enough to save for their children’s future
• A third of parents don’t plan to contribute to their children’s higher education

New research* from online investment service Wealthify reveals a fifth (20%) of UK parents try to save for their children...

New research shows the link between GCSE attainment and earnings over a person's lifetime.

From: Department for Education and The Rt Hon Nick Gibb MP

Those who perform just one GCSE grade better than their counterparts across nine subjects have been shown to earn on average over £200,000 more throughout their lives.

For the first time ever, statisticians...