The Child Poverty Action Group’s report, ‘Cost of a Child 2014’ reveals that since 2012, the minimum cost of bringing up a child has risen by nearly eight per cent for a couple to £164.19 per week.
For lone parents, the cost has risen by more than 11 per cent to £184.50 per week.
This means that families where both adults earn the national minimum wage are 18 per cent short of the basic amount needed to provide themselves with a minimum standard of living, say the report’s authors.
A minimum standard of living is referred to as being able to afford the opportunities and choices necessary to participate in society, not just necessities like food, clothes and shelter.
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