A thinktank has proposed that the cost of living could be alleviated by a four-day week with no loss of pay. Research organisation Autonomy have reported that this could ultimately save parents thousands of pounds a year in childcare and commuting costs, as reported by The Guardian .
According to Autonomy’s calculations, a person with a child under two would save £1,440 in childcare and £340 from commuting on average across a year, simply by not having to travel to work one day a week. According to the Trades Union Congress, the average annual childcare cost was estimated at £7,200 on average for a family with one child in 2021– while working parents may spend much more in many parts of the country.
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