FosterTalk released the findings from their 2022 Cost of Living Crisis survey which had over 4000 respondents. The findings revealed that 43 per cent of respondents were considering ceasing fostering in the next two years if additional financial assistance was not made available. 56 per cent had no increase in allowances in the last six to 12 months and of the 90 per cent who had received an uplift, they felt it did not cover the rising cost of living. Three per cent had used a food bank in the last six months and 38 per cent had experienced negative mental health due to the cost-of-living crisis. These statistics are alarming coming from a professionally financed body of children social care workforce, demonstrating the financial strain foster carers are under.
Kinship Charity also released its findings from their 2022 Financial Allowances Survey. This survey had nearly 1500 respondents caring for 2,006 children. The findings revealed 89 per cent of respondents had worries linked to the cost-of-living crisis in the last 12 months.