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'Girls on this site can meet some incredibly interesting and powerful men,’ Wade says. But since the feminist revolution the idea of chasing wealth has been frowned upon; women could make their own way in the world.But the clinical psychologist Sheila Keegan believes the situation has come full circle.It’s only very recently that women have no longer had to rely on men.’ Five years ago, fresh out of a relationship and looking for adventure, Croydon, a well-dressed, well-spoken blonde with a degree in Japanese, joined My fantasy was meeting someone in a fancy bar and having an intellectual conversation,’ she says.For the next few years Croydon’s life, recorded in her book, Sugar Daddy Diaries, was, depending on your perspective, ultra-glamorous, or super-seedy, or both.'We may never meet but he said he was sending me the gifts as insurance for a future relationship.’ Others have paid to fly her to Dubai. We call it living in the sugar bowl.’ Helen Croydon, a 34-year-old writer and broadcaster from London, believes that no matter how emancipated we are, at a primal level women like to be 'spoiled’ and men to spoil.

I used to ring him about business and he gave me great advice.’ There’s also been a businessman in Hong Kong, whom Howarth has never met, but who recently sent her an i Pad.

She’s from Britain, is expecting ,000 to ,000 (£3,250 to £6,500) monthly from a 'sugar daddy’.

'Sugar Baby’, 25, is setting the bar even higher with negotiations opening at ,000 to ,000 (£6,500 to £13,000) a month.

Tall and curvaceous, with long, peroxided hair, a fake tan, red, skin-tight jeans ('So not my normal style, I haven’t even put my eyelashes on today’) and a Louis Vuitton tote donated by one of her 'benefactors’, Howarth meets me, a fortnight before the launch party, at a London hotel.

'I’ve always had a thing about older men,’ she says.

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