25 Jul 2024
Back-to-school spending to set UK parents back £2.3 billion | A1 Retail
- The average back-to-school spend has now reached £452.40 per child
- 61 percent of parents are worried about the financial burden of back to school
- 29 percent will use credit cards while one in 10 will borrow from family to afford the rising costs of uniform, stationery and technology
- Requirements for technology add to costs and stress, with the 23 percent required to buy a laptop or tablet this year planning to spend an average of £511.40 per child
The summer holidays have just started for many, but parents are already planning their back-to-school spending. UK parents are expecting to spend an average of £452.40 per child – the equivalent of £2.3 billion* – with many concerned about how they will foot the bill.
According to the new research from retail marketing consultancy Gekko, back-to-school spending, including uniform, stationery and technology, will set primary school parents back an average of £490.80 per child. Parents of secondary school-age children will spend an average of £422.90, while back-to-school spending for college or sixth-form students will amount to an average of £390.20.
To read the full published Research please visit A1 Retail