An analysis of households living below average income finds that 4.3m children were living in relative poverty at the end of the 2019/20 financial year.
This amounted to 31 per cent of the child population, up from 29 per cent compared with the previous year and the highest level since 2007-08.
Of those children living in poverty, 75 per cent were living in working families while 36 per cent were living in families who had a child under five.
Poverty rates at the end of the 2019/20 financial year were highest among children in Bangladeshi (68 per cent) and Pakistani (53 per cent) families while nearly half (49 per cent) of all children in single-parent households are living in poverty.
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