1. There were 3.9 million children living in poverty in the UK in 2014-2015 . According to official statistics, the number has jumped by 200,000 from the previous year.
2. Over a quarter of the UK’s children are living in poverty. Research shows that 22% of the overall population are living in poverty, 28% of the UK’s children are living in poverty and that 32% of adults living with children are living in poverty. On average, in a classroom of 30 children, 9 are living in poverty.
(Image credit to Child Poverty Action Group)
3. The amount of children living in poverty isn’t decreasing. From the years 1998 to 2011, 800,000 were lifted out of poverty. But since then, the amount of children living in absolute poverty has increased by an estimated 0.5 million children.
4. A majority of children living in poverty live in working homes . Having a parent that works doesn’t guarantee exemption from poverty. Nearly two thirds of children living in poverty live in working homes, meaning they have at least one parent or guardian who is working.
5. Many families are pushed into poverty by the costs of having a child. Analysis has found that parents are actually being pushed into poverty because of the rising costs of child essentials.
6. The cost of raising a child to the age of 21 has jumped to more than the average price of a semi-detached house. According to new research, the average cost of raising a child is now £230,000. This increase shows a 63% rise since 2003. Parents will spend over £70,000 on childcare and babysitting alone.
7. On average, a family will spend £11,498 on their child in their first year. 6 out of 10 parents are saying they are finding it difficult to cope with the costs of raising their children, and are having to ask for help for things like childcare from friends and family, but this can also be a struggle.
8. Charities like Baby Bank Network are needed more than ever. This is why charities like us can really make a difference; by providing families in need with baby essentials, we can help relieve the financial stress that many families experience, meaning they can focus on other aspects of life and bring their child up in an improved living environment.
If you would like to make a donation to Baby Bank Network, please click here.