Today, children are already twice as likely to be poor as pensioners. According to the Institute for Fiscal Studies, child poverty is set to soar to 5.1 million children by 2022 – a 42 per cent rise over ten years.
This report shows parents struggled more than ever to provide a decent standard of living for their families in 2013. This is the second in a series of annual reports on the cost of bringing up a child in the UK.