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A revealing report, summarised on BBC website, states: "
Higher inflation and a freeze on state benefits mean low-income parents cannot meet the basic costs of raising a child, according to the Child Poverty Action Group.
In its Cost of a Child in 2017 report, the charity says the cost of raising a child to the age of 18 for a two-parent family, excluding housing, childcare and council tax has risen to £75,436.
A couple earning the National Living Wage falls 13% short of that, it said.
"
Source:
http://www.bbc.co.uk/news/business-40994448
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