cost of living

• The latest Deadline to Breadline report from Legal & General has found UK households’ financial resilience has shrunk by 21% since 2020 (from 24 days to 19 days)
• People overestimate (by nearly six weeks – actually 41 days) how long they could fund basic living costs (such as housing costs, loans/ credit card repayments, utility bills and food) if they lost their income
...

• Under the new price cap, employees could be paying an extra £131 a month for energy bills if they’re working from home from October[1]
• Commuters whose weekly travel costs are less than £30 may be better off going into the office to save money on energy [2]
• From January, extra WFH costs could hit £209 for the average household and £310 for large homes [3]
...

• Average weekly pocket money is down 23 per cent year-on-year from £6.48 to £4.99, new research reveals
• Mums and dads are feeling the pinch most from increasing energy and food bills; half would rather sacrifice spending on their own leisure activities to protect pocket money
• Halifax reveals the economic impact on pocket money over last 35 years

...

• Undergraduates starting a three-year degree this Autumn will leave with £45,800 in debt on average

Having a baby is an incredibly exciting time for any family, however it can also be expensive. Many families are often faced with a combination of limited pay during parental leave, the need to buy new items and any childcare needs.

Now, with the cost of living increasing, Lansinoh, maternal health brand and breastfeeding expert, has pulled together some top tips to help families...

• Around 1 million children with key worker parents are living below the breadline, research shows
• In some parts of Britain more than two-fifths of kids in key worker households are living below the breadline
• Poverty levels “likely to get worse” as ministers hold down pay
• Key workers in the public sector facing another year of real-terms pay cuts
...

• As schools break for summer the RSPB invites families to enjoy their FREE summer Wild Challenge activities to help children connect to Devon's nature and have fun.
• By completing the RSPB’s Wild Challenges children can achieve Bronze, Silver and Gold awards, and help give nature a home along the way, whilst having fun outdoors.

Rosalind Allen, RSPB Education...

Last week, schools across the country broke up for summer. So, you might think it’s a bit premature to start thinking about the new academic year in September already.

However, everyone knows shopping for back to school items can be a chore - and if you want to save yourself a headache in late August then getting your essentials early is the way to go.

And with the cost of...

More than 8.9 million grants have been given to families to help with post-pandemic pressures through a fund set up to help the most vulnerable, new figures reveal.

• 8.9 million grants given to families in first round of Household Support Fund, new data shows
• Local Authorities use government funding to help communities with innovative measures
• It “has been
...

• 7.2 million payments of £326 – worth a total of £2.4 billion – made in first week of Cost of Living support rollout
• Payments mark the first half of the £650 Cost of Living payment for low-income families, with the second half coming in the autumn
...