High inflation has led to financial hardship for families according to the charity’s analysis of abrdn’s Financial Fairness Trust’s survey.
The data reveals that families with children are three times more likely to be behind on bills or debt repayments and twice as likely to be behind on rent and mortgage repayments or to have gone without food.
One in five families with children are also classed as experiencing the most severe form of financial insecurity.
Action for Children has called on the government to increase social security payment rates in line with inflation and to take family size into account when making cost of living payments.
Register Now to Continue Reading
Thank you for visiting Children & Young People Now and making use of our archive of more than 60,000 expert features, topics hubs, case studies and policy updates. Why not register today and enjoy the following great benefits:
What's Included
-
Free access to 4 subscriber-only articles per month
-
Email newsletter providing advice and guidance across the sector
Already have an account? Sign in here
