Households with children are at a higher risk of poverty than other households. Large families and single parents are at the highest risk of fuel poverty.
On 1 October, energy bills for a typical household were due to rise to £3,549 a year, nearly treble the cost a year before. The cost was due to jump again in January 2023. But in September the government announced that the average bill would be capped at £2,500 a year for the next two years. What impact will this have on fuel poverty, defined as spending more than 10 per cent of net income on fuel? How many households are spending even greater proportions of their income on fuel? And who will be worst affected by rising prices?
Prior to COVID-19, there were more than four million children living in poverty in the UK – that’s nine children in a classroom of 30. In London, that number rises to 11. While the full economic impact of the pandemic is yet to be seen, we know that low-income households are bearing the brunt, and for families living in the capital things are likely to get worse before they get better. Even prior to COVID-19, the high cost of rent, childcare and travel made it very difficult for London families on low incomes to cover basic costs. In addition, families with children have been hit the hardest by cuts to the social security system, squeezing family budgets even further. In the face of this, our public services have a crucial role to play in tackling child poverty and ensuring children and families recover from the pandemic.
