
Rising food, housing and energy prices, combined with the long tail of Covid-19, are taking a toll on this generation.
The detailed findings in our latest report, Feeling the Strain, give a candid look into the ongoing challenges facing many children and young people during the cost-of-living crisis. Each figure represents a child, a parent or carer, a family trying to get through this financially fraught period.
Parents and carers told our annual household survey they face a financial precipice. A staggering 82 per cent said they feel concerned about the cost-of-living rises and the impact on their household over the next year. One in 10 said they “always” ran out of money before the end of the month, and 14 per cent reported they ran out “most” of the time. Nearly one in 10 told us they were in arrears or unable to pay for their electric, gas, and fuel bills. Over half of parents and carers in households in financial strain reported having low wellbeing.
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