Recent research conducted by the Child Poverty Action Group (CPAG), has revealed some families could face financial hardship, as the cost of raising a child, to the age of 18, has hit £150,000.
The report reveals:
It now costs £148,000 to raise a child to the age of 18
The cost of raising a child has risen by 4%
The value of both child benefit and tax credit fell in real terms last year
Families with children are at higher risk of falling into poverty, than those ...