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Last Updated: Monday, 4 July, 2005, 11:40 GMT 12:40 UK
'85 a child' weekly holiday cost
children kicking ball
Many people will reduce their work hours to be with the children
The financial impact of the school holidays on families is at least 85 a week per child on average, a survey of parents suggests.

Working parents expected to spend 50 on childcare per week, according to YouGov research for Abbey bank.

A fifth of parents expected to spend up to 100 a week, and 13% even more.

In addition, they were anticipating spending 35 a week keeping each child entertained.

State schools in Scotland are now starting their long summer holiday. In England and Wales the break starts in two or three weeks' time.

More than a third of the 351 parents questioned (38%) would be arranging for family or friends to look after their children during the six-week break.

A quarter would reduce their own working hours while one in 10 would stop working altogether.

One in three had savings to cover the additional costs of childcare, trips out and holidays.

Some 27% intended to use a credit card and 14% expected financial help from their families.

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13 Jun 05 |  Education

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