As exam season approaches, some parents are putting hundreds of pounds aside to reward their children for certain grades - and we've asked experts if they think it's a good idea. Share your thoughts on anything we cover in the form below, and we'll be back on Monday with live updates.
Money latest: The parents paying their kids hundreds of pounds for good grades - and what psychologists think
Among them was Sarah Cook, 45, from Dorset, who said cash incentives had improved her eldest daughter's concentration at GCSEs and she promised her youngest, Merryn, the same offer: £100 for a 9, 8 or 7 , £50 for a 6 or 5 or £20 for a 4 . "He seems to be concentrating a lot more on it. He has been studying a lot more and putting a lot more effort in."
It could also cause conflict and jealousy in some schools, with"children in that classroom who can't afford breakfast". "You're making it conditional on outcome, on reward, rather than what we know to be good, which is unconditional approval and validation."Charlotte, a biology teacher at a private school, who did not wish to give her last name, said approximately 20% of a given year group were offered cash incentives by their parents.
"I think sometimes it could be effective, but it could put more pressure on the pupil and I don't know if it's healthy," said the teacher, who did not wish to be named. Dr Lowther said cash incentives spoke to a wider problem with the British schooling system, where external motivators are built in from the start, rather than practices that foster intrinsic motivators like autonomy and connection to others.
It definitely does not feel like inflation is coming down. And isn't that what really matters, especially with elections coming up. These figures will feel like fake news to the majority of people.We're told inflation had fallen however the prices at the tills still remain unchanged. A pint is sold at £6-7, the weekly shop has reduced somewhat but only slightly, petrol and diesel prices are back on the rise and everyone is struggling to pay their bills and save money.
All eyes will now turn to decision-makers at the Bank of England as they prepare to consider cutting interests rates next month. in the three months to the end of February, compared with the same period a year ago. This was echoed by AA fuel price spokesman Luke Bosdet, who said pump prices were climbing towards the point"drivers fear". The Money blog is your place for consumer news, economic analysis and everything you need to know about the cost of living - bookmark news.sky.com/money.
That was after a video came to light, on the billionaire entrepreneur's X platform and TikTok, showing how a rubber cover attached to the accelerator could come loose, pinning the pedal down.Meta's AI has told a Facebook user it has a disabled child that was part of a New York gifted and talented programme.
Outlining his plans to reform the welfare system if the Conservatives win the next general election, Rishi Sunak said"unemployment support should be a safety net, never a choice" as he promised to"make sure that hard work is always rewarded". The bill is government-backed and Labour is behind it too, saying the changes will support"more working people to become homeowners".
Labour's shadow Treasury minister Darren Jones said building societies"direct a significant proportion of their lending to first-time buyers" and the bill"could unlock significant additional lending capacity".There was a worse than expected performance for retail sales last month, defying predictions of a consumer-led pick up from recession for the UK economy.
"Misleading" labelling in some supermarkets means shoppers may not know where their food comes from, Which? has said. "Research has uncovered a surprising amount of inconsistent and misleading food labelling, suggesting that - even when the rules are properly adhered to - consumers aren't getting all the information they want about their food's origin," said Which? retail editor Ele Clark.An Aldi spokeswoman said:"We understand that our shoppers want to know where the food they buy comes from, and we work hard to ensure that all our labelling complies with the rules.
A spokesman for Iceland said:"At Iceland our products are great quality and value for customers and we follow UK government guidance on food labelling, including country of origin."
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