Credit, Collections & Insolvency News
New data from Coram Family and Childcare’s annual Holiday Childcare Survey has found that childcare costs have gone up by 4% since last summer. The data shows that working parents face an average bill of £179 per child per week – £1,075 for the six-week break. Commenting on the data, Susannah Streeter, Head of Money…
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New research by Legal & General study has found that nearly half of parents (47%) report being shocked by school-related expenses. Unexpected expenses are a common challenge for parents, with 44% dipping into savings to cover surprise childcare costs and 39% relying on credit cards for additional support. During school holidays, nearly half (47%) of…
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New research by Credit Karma has found that almost one in four (23%) parents can no longer afford their current childcare arrangements. In the wake of the Spring Budget, which promised 30 hours per week of free childcare for under-fives by 2025, the Great British Credit Report has revealed many parents are being priced out of the…
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