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Nottingham Post
Nottingham Post
National
Daniela Loffreda

Nottinghamshire parents share financial fears as school summer holidays approach

Nottingham Nottinghamshire Richard MacRae Stapleford

The school summer holidays are fast approaching but with the cost of living going up, it can be an anxiety-inducing time for many parents. On Thursday, June 22, the Government announced a hike in interest rates from 4.5% to 5%.

This comes as a hit to homeowners, with mortgage rates set to increase off the back of the rise. And with the inflation rate at 8.7% the price of goods and services has remained high and the cost of living crisis remains at the forefront of many people's minds.

With school children set to be home every day, parents in Stapleford have opened up about their worries and fears ahead of the school holidays, and how they plan to cope over the summer break.

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