Key Quotes - Money

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Last update: Wednesday 25th March




Up to a million older unemployed people could be in jobs, adding up to £30bn to the UK's economic output.Age Concern said people aged over 50 had the potential to increase the UK's economic wealth.
Money	The Sentinel,10th Febuary 2004.



Today's teenagers are given £258 million a year in allowances and pocket money. A survey by the Royal Bank of Scotland claims they have a poor grasp of basic money issues. Financial expert Caroline Speirs argues that cash matters should be part of the school curriculum.
Money	The Sentinel,10th Febuary 2004.



Camelot has said around £375m will be taken from the Lottery's good causes fund to pay for the cost of the 2012 Olympics if London wins the right to stage the games.
Money	Baptist Times,Jan 29th, 2004.



One in five young people has a bank loan by the age of 18, and 76% of 16-34 year olds said they thought it 'inevitable' that people will get into dept according to credit union.
Money	The Church of England Newspaper,Jan 29th 2004.



There is about 200 times more gold in the world's oceans than has been mined in our entire history.
Money	Just Right, Issue 9.



On average people in Britain will spend £868 on Christmas this year. People living in Scotland are expected to spend £414 on presents alone while we will on average be expected to spend around £180 just on food and drink. In Malawi a child can be fed meals every day for a year in school for £5, yet thousands are malnourished. I read recently that last year the average person in the UK spent 15 hours looking for christmas gifts, made five separate shopping trips, walked 20 miles in their quest and spent two hours queuing to pay. In poor parts of India, women spend three hours a day on fetching only water. In Africa, each year 40 billion working hours are spent collecting water. Around the world, a child dies every 15 seconds from diseases related to a lack of access to safe water and sanitation.
Money	Scottish Catholic Observer, 19th Dec 2003.

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