'I don't know how I'll cope come the winter’

As the cost of living soars, families are feeling the strain and schools are on alert for the potential ̀impact on students.

On October 1, the energy price cap will rise to £3,549 per year for the average household, a rise of 80% from its previous level. This on top of soaring inflation affecting food and other costs is pushing many families into poverty.

A study involving 5,000 parents across the UK has revealed the extent of the financial strain on families.

Almost three in four (74%) said that over the next year they are concerned about paying for gas and electricity, while a majority are also worried about being able to afford food (67%), petrol (67%), and rent or mortgage payments (58%).

Unsurprisingly, the research found that those families on the lowest incomes were much more likely to be worried about their finances.

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