General Article Parents give up work as childcare costs outstrip income

Topic Selected: Families and Parenting
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  • Financially unprotected families left vulnerable as they rely on one salary.
  • 32,000 more women choose to stay at home to take care of their families.
  • School inflation hits 6.89% as parents pay £111 per month on school extras.

Parents are questioning whether they can both afford to work, due to the high cost of childcare. According to new research from Aviva, a working mother could be up to £98 a month worse off after all child and work costs are taken into account.

As a result, thousa...

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