Children lost millions through misbehaviour
December 18, 2007 by admin
Filed under News, News-Banking
Misbehaving boys and girls missed out on millions of pounds in pocket money this year, according to research from Abbey Banking.
Over 40 per cent of Britain’s 11 to 15-year-olds had their pocket money docked at some point during 2007.
The research showed that parents took £40 million worth of their children’s pocket money.
Steve Shore, head of banking at Abbey, said: “Parents have long since wielded pocket money as a powerful weapon with which to influence their children’s conduct.
“Being on their best behaviour can clearly pay real financial dividends for Britain’s money motivated minors.”
According to the findings, Britain’s naughtiest children can be found in the north where 45 per cent aged between 11 and 15 had their pocket money stopped during the year.
The best behaved children could be found in the midlands where only one in three had their money stopped.
More research from Abbey Banking revealed that two thirds of people have a bar strategy when drinking with friends.
Almost a quarter of British drinkers confess to buying early in order to maximise financial returns from friends.


