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Should a Times reader “let” his 15-year-old daughter take a Saturday job? It’s a Times Money section reader dilemma. Give the star answer and you could win yourself vouchers worth £25. More usefully, you could offer some thoughts on young people’s need for independence. And say a little about the relationship between power and money. [...] Scrap child trust funds, says Carl Emmerson, deputy director of the Institute for Fiscal Studies. The analysis, from a widely respected think-tank, is that the scheme’s cost is small, but not insignificant. Emmerson floats the idea of ending the payments – two of £250 so far, more to low-income families. Parents save or invest the [...] |
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