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Credit-crunch families need more help with childcare, says charity

More needs to be done to help families with the cost of childcare, says a new report that looks at the impact of the credit crunch on ordinary families.

The Family and Parenting Institute is urging the Government not to lose sight of the importance of affordable high-quality childcare, ahead of the charity's 'Parent Child 2008' conference in London this week.

Its report, 'Families and the credit crunch', highlights how families who previously felt financially secure are now worried about how they will cope as recession hits.

In an online survey of 5,300 families, the FPI found that 35 per cent said that money worries caused them sleepless nights. Just under half were worried about heating their home (47 per cent), followed by mortgage or rent payments (36 per cent) and food costs (31 per cent).

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