Working lone parents on reasonable pay cannot reach a minimum acceptable living standard – as defined by the public - even if they work full time, new research for Child Poverty Action Group (CPAG) shows.
The latest report in our annual Cost of a Child series finds that the overall cost of a child up to age 18 (including rent and childcare) is £185,000 for lone parents (up 19% since 2012) and £151,000 for couples (up 5.5% since 2012). The gap between lone parents’ actual income and what they need to meet family needs has grown sharply.
The new school year is underway after the long summer break. This can be an expensive time for families. Most parents will have faced significant costs in recent weeks, from holiday childcare to new school uniforms. But to what extent are different families able to meet those costs? Every year for the past eight years, we have published research on what it costs to raise children from birth to age 18. This year the research coincides with the Spending Review, and puts a spotlight on how the government does support, and how it should support, families with the extra costs of children.
Parents working full time on the ‘national living wage’ (NLW) are significantly short of the income needed to give children an acceptable minimum living standard – as defined by the public – and the shortfall will grow as inflation combines with the current freeze on benefits to put family budgets under new strain.
The mood around welfare cuts may finally be shifting. The new work and pensions secretary Damian Green has explicitly sought to distance himself from the stance of the past six years by stating that there "will be no new search for cuts in individual welfare benefits".
Parents working on the ‘national living wage’ still can’t earn enough to provide an acceptable minimum living standard for their children despite flat (and now falling) inflation and a drop in core household costs like food and energy – even if they both work full-time, warns a new report.
Parents working on the minimum wage are on the brink of a new crisis in family finances that will leave many stranded when it comes to meeting no-frills family costs, warns a new report produced by Loughborough University’s Donald Hirsch for Child Poverty Action Group.
New research has revealed that families on minimum wage are 18% short of the amount needed for a basic standard of living. Here, MN blogger Catherine Mann argues that parenting must not become the preserve of the rich.
Responding today to the government’s decision to reconsider how to fund local welfare assistance schemes in 2015/16, Alison Garnham, Chief Executive of Child Poverty Action Group, said: “We welcome that the government has recognised the importance of local welfare assistance schemes and has committed to undertake a thorough review and consultation before deciding how the schemes will be funded in future...