Nearly half of parents with young children in England have had to incur debt to pay for childcare, a survey has found Having a child in England has become “financial suicide” for many families as unaffordable childcare costs are driving parents into debt or even abortion, according to a report by the campaign group Pregnant Then Screwed published on Sunday. Around 46% of parents in England with a child under the age of five say they have been plunged into debt or have had to draw down savings to pay for childcare – a 30% increase from last year, the survey found. One in three mothers were unable to return to
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