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Parents’ money worries are surging ahead of winter

Related: Chancellor Rachel Reeves admits economy 'isn't working well enough'
  • Concerns among working-age parents regarding food costs have risen to levels last observed in November 2022, a period of high inflation.
  • A Which? study found that 87 per cent of working-age parents were worried about food prices in mid-August, a six percentage point increase since May.
  • The consumer insight tracker also revealed a decline in working parents' confidence in the future UK economy and their household finances ahead of the new school year.
  • Across all demographics surveyed, 82 per cent expressed concern over food prices, with 81 per cent worried about energy costs.
  • Which? cautioned that financial pressures are likely to intensify with the onset of winter and advised those struggling with essential bills to seek immediate help from providers or free debt advice.
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