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How rising costs of living have affected the foster care industry.

Through a combination of austerity, rising inflation and stagnating wage-growth millions of families are being forced below an adequate level of income.

According to a recent study from the Office for National Statistics (ONS) 7.3% of the UK’s population are now living in persistent poverty. The intensifying levels of poverty have contributed towards an increase in familial breakdowns and a record number of children in care.

As the number of children in care continues to rise, the number of foster carers is declining. The rising costs of living have also had a disastrous impact on the UK’s housing market. Home ownership in the UK is at its lowest level since 1985.

This leaves many, who may otherwise have been interested in fostering a child, without a spare room.

Team LondonFostering Blog.