Nearly a third (30%) of children worry about their family having enough to live on comfortably as the cost of living crisis deepens, according to a charity.
Action for Children commissioned surveys of more than 5,000 adults and children aged as young as 11 to explore the biggest issues affecting childhood. Nearly half (47%) of children surveyed from low-income backgrounds (where the household annual income was less than £20,000) said they worry about their family’s finances, compared with one in seven (14%) children from high-income families (where the household income was more than £70,000 annually).
The Office for Budget Responsibility (OBR) said last week that households are facing the biggest squeeze in living standards since records began in 1956-57. Action for Children said that, two years on from the first national lockdown, mental health was now a much bigger worry for children, with less than a third (29%) of children seeing their own mental health as an issue in 2019, compared with 42% in 2022.
