A BRITISH grandmother remains convinced that £5 is still a reasonable Christmas present for her adult grandchildren.
Margaret Gerving, who has a large pension and is the only member of her family to own property outright, is certain that five British pounds is an astronomically generous gift.
Gerving said: “I only have three grandchildren, so I can splash out a little more. My friend Susan has six in total, so she can only give hers a pound coin each.”
Mrs Gerving, who enjoys regular Saga cruises and is a member of her local golf club, is well-aware of the realities of modern life.
“Things have definitely changed since I was young. I used to get a half-crown and embroidered handkerchief from my grandmother, who was born in 1882.
“My grandchildren are always moaning about things like how their wages haven’t kept up with the price of property, so I know my gift will be a big help.
“What would I like? Oh, just something small like a bottle of Macallan 25-year-old single malt, please.”