A new report reveals parents definitely are posh enough to party, forking out over £1.25billion a year on their kid’s birthday parties. The report by Virgin Credit Card reveals that over half of UK parents are suffering from “Posh Party Syndrome”, admitting that they feel under pressure to compete with other parents.

Whilst the average birthday party now costs £182 (excluding presents and venue hire), parents will have trouble keeping up with the Beckhams, who reportedly spent a whopping £10,000 on Brooklyn’s first birthday celebrations.It seems a classy venue is also vital as nearly three quarters of parents splash out and hire a venue for their kid’s parties incurring even further birthday costs.

Despite the £1.25billion annual birthday party bill, over 1.5million children under 12 in the UK have not had a birthday party in the last three years. London parents spend more than any other region, forking out an average of £221 per party. Parents in Northern Ireland throw the biggest bashes, with one in five throwing their doors open to over 25 kids, whilst the average across the country is 12. Bouncy castles are still top of the list when it comes to hiring in entertainment with 42% of parents reporting having hired one in the last three years.