Grandma pays £2k a year to help raise family - papers 17th May

This is the equivalent of £2,303 per family as over a third of those surveyed said the money given was used to help with childcare costs and less than a third contributed to university funding. That said, two thirds is being given on an ad hoc basis rather than through a permanent arrangement, as one fifth present an annual gift and an eighth (16%) provide planned investments. ALMOST HALF of Britain’s employers expect to cut the size of their workforce in the next 12 months on the back of concerns about the economy, says the Scotsman. A survey of 1,300 private and public-sector emp...