Ignoring struggling families will be politically costly

More bad news for Britain’s families: new research shows that the cost of bringing up a child is an eye-watering £143,000.

This piles more pressure on a government that already knows it has to do better to show it’s on the side of families struggling to make ends meet.

Based on what parents say is essential, our report shows the minimum required to raise a child until the age of 18 today is £143,000 (including housing and childcare costs), which averages out at about £150 a week.

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