Children are getting an average of $12.37 a week in pocket money but the gap is widening between the earnings of boys and girls.
Pocket money has hit a nine-year high but the gender gap is growing, with sons receiving almost 12% more than daughters. The Halifax survey of nearly 1,800 children aged eight to 15 and their parents found that they now receive $15.00 a week on average..
Boys received an average of $13.08 per week, compared to girls who got an average of $11.62.
Despite getting more, boys were also more likely to complain that they were not getting enough - 44% said their parents should pay them more, compared to 39% of girls.
There was also a gender gap last year but it was just 2%. ONS figures show that the gender pay gap for adults is 9.4%, based on the median earnings of full-time employees.
The average pocket money payment reached $15.80 (£8.37) in 1987 and fell slightly to just over $15.10 (£8) in 2007 but, when the financial crisis hit in 2008, weekly childhood earnings plummeted to an average of $11.57 (£6.13).
The bank found that nearly 80% of current youngsters are saving some of their pocket money, with nearly one in eight saving all of it.
Giles Martin, head of Halifax Savings, said: "It's reassuring to see that the average weekly amount has reached a nine-year high.
"Some parents are clearly not feeling the pinch in the same way as they have done in recent years, when weekly pocket money dipped as low as $11.12 (£5.89).
"It's likely it'll be a few more years until we reach the dizzy heights of $15.80 (£8.37) in 2005 though, when we saw the highest average pocket money since our records began."
London children enjoyed the highest average pocket money rate of $15.50 (£8.21), up 7.3% on last year, while children in East Anglia received an average of just $9.36 (£4.96), down 11.9% on last year.
Scottish children had the second-highest rate of $13.33 (£7.06), while children in the South East earned $12.89 (£6.83) a week and those in the North West got an average of $12.61 ( £6.68).
NB: The dollars are in Canadian money :-)
Despite getting more, boys were also more likely to complain that they were not getting enough - 44% said their parents should pay them more, compared to 39% of girls.
There was also a gender gap last year but it was just 2%. ONS figures show that the gender pay gap for adults is 9.4%, based on the median earnings of full-time employees.
The average pocket money payment reached $15.80 (£8.37) in 1987 and fell slightly to just over $15.10 (£8) in 2007 but, when the financial crisis hit in 2008, weekly childhood earnings plummeted to an average of $11.57 (£6.13).
The bank found that nearly 80% of current youngsters are saving some of their pocket money, with nearly one in eight saving all of it.
Giles Martin, head of Halifax Savings, said: "It's reassuring to see that the average weekly amount has reached a nine-year high.
"Some parents are clearly not feeling the pinch in the same way as they have done in recent years, when weekly pocket money dipped as low as $11.12 (£5.89).
"It's likely it'll be a few more years until we reach the dizzy heights of $15.80 (£8.37) in 2005 though, when we saw the highest average pocket money since our records began."
London children enjoyed the highest average pocket money rate of $15.50 (£8.21), up 7.3% on last year, while children in East Anglia received an average of just $9.36 (£4.96), down 11.9% on last year.
Scottish children had the second-highest rate of $13.33 (£7.06), while children in the South East earned $12.89 (£6.83) a week and those in the North West got an average of $12.61 ( £6.68).
NB: The dollars are in Canadian money :-)
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