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Some 1,504 children aged eight to 16 in 35 schools across the UK completed an online survey in classroom settings.
More than 5,000 parents responded to a survey designed to provide an understanding of their financial experiences. Here is what the survey found:
- Children worry about their family not having enough money.
- More than half of children living in poverty said the lack of cash made their parents unhappy or stressed.
- Almost a quarter of the poorest parents say they are arguing more or snap at their children because of their money troubles.
- One in seven of the poorest children say they have to go without a warm winter coat and new shoes when they need them.
- And nearly a fifth of children living in poverty say they miss out on school trips because their parents have not got the money.
- Four fifths of parents (80%) said they were borrowing more money for essentials such as food and clothes.
In a new report, It Shouldn't Happen Here, Save The Children, which works in 120 countries, highlights children's - as well as parents' - experiences living in recession-hit Britain.
It also highlights the extent to which poverty is blighting young lives.
One in eight of the poorest children in the UK go without at least one hot meal a day, and one in 10 of the poorest parents have cut back on food for themselves to make sure their children have enough to eat, the report says.
A major British-based charity today launched its first campaign to help children in the UK.
Save the Children said Britain's poorest youngsters were bearing the greatest burden of the recession - having their parents go hungry to feed them, missing regular hot meals, unable to afford warm coats and new shoes and suffering enormous emotional strain.
It is aiming to raise £500,000 to help its work in the UK, targeting the poorest children - the first time it has appealed to the UK public for funds to help children at home.
Latest ITV News reports
Save the Children's historic UK campaign raises political questions about the impact of the Government's decisions on the poorest.
Save the Children launches its first campaign targeted at the UK, saying Britain's children are bearing the greatest burden of the recession