Posted 8 February 2021
New research report ‘The single parent debt trap’ published by Gingerbread and StepChange, the UK’s leading debt charity, reveals that single parents are more likely to be living with problem debt. The research also shows...
Published on 21 September 2017
This report looks at single parents’ finances against a backdrop of austerity, and is the last from our ‘Paying the Price’ project.
The findings show that, despite record high single parent employment, many single parents face persistent financial insecurity. The research finds high living costs, welfare cuts and insecure, low-paid work all contribute to single parents struggling to make ends meet.
As a priority, the report calls the government to:
In the longer term, we want the government to make sure benefits keep pace with living costs, invest more in debt prevention and re-think wider welfare reforms.
The report found single parents affected by three main issues: