Source: Telegraph >> Read full article and comment
Escalating childcare charges mean the cost of raising a son or daughter in Britain has risen to £800 a month, according to a report.
By Nick Collins
Published: 8:12AM BST 12 Jul 2010
Between birth and the age of 21, each child will cost their family an average of £200,000 – or about £800 a month – the Family and Parenting Institute (FPI) said.
Nursery fees have risen 5.1 per cent in the last year, costing parents £30 to £80 per child per day, the charity claimed in the report released on Monday.
It said grandparents are increasingly being asked to take care of children because both parents are required to hold down full time jobs to support the family….Continue Reading
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