Capital One UK commissions new research into the financial impact of children returning home and what this means for families during the cost-of-living crisis
● One in five young adults are being forced to move back into their family home, due to the cost-of-living crisis
● This is having a strain on the pockets of parents, with the average parent expecting their energy & food bills to rise by £272 a month
● Despite this, three quarters of parents and guardians would welcome their children home with open arms if they were struggling financially
Back like they never left, young adult Brits are being forced to return to their childhood bedrooms according to new research by Capital One UK, which has shown that one in five (17%) have moved or are planning to move back into their family home, due to the current cost-of-living crisis.
Regressing to the...