>>>can i suggest roald dahl or possibly the first HP. you may also get some good ideas heer http://www.penguin.co.uk/static/cs/uk/0/children/index.html
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>>Yes! ggod suggestion: James and the Giant Peach, The Witches, ... all those are great. My youngest has just turned 7 and we've read these to both of them over the past few years
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>What exactly we're talking about here?

These are roald dahl books. Almost (if not all) have been made into films - these 2 certainly. They seem to all feature a young boy whose parents have died/been killed, and has to cope with his adventures without them.
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