Nearly half of all children will be living in families forced to make cutbacks this spring, like putting food on the table or replacing clothes and shoes.
A new report by the New Economics Foundation underlines the devastating impact the looming cost of living crisis will have on youngsters, with a third of households – 23.4 million people – forecast by April to be unable to afford the cost of living by £8,600 a year.
The figure includes nearly half (48%) of all children, almost all (96%) of children living in families out of work, eight in 10 (77%) in single-parent households, and four in 10 (43%) in working families.
