According to the latest parliamentary research on poverty in the UK, the rising costs of living means income is set to fall for everyone over the next two years, and child poverty is expected to reach its highest levels since the late 1990s by 2028.
A child’s life chances are dependent upon a complex combination of household income, equality of opportunities and level of social inclusion. While some children who grow up in low-income households will go on to achieve their full potential, many others will not. Poverty places strains on family life, excludes children from the everyday activities of their peers and can lead to homelessness.
Tackling child poverty will help to improve children’s lives today, and enhance their life chances, enabling them to make the most of their talents, achieve their full potential in life and pass on the benefits to their own children.