Branch² Intelligence
Are you a parent missing out on £27 a week? Here's how to check
Key takeaway
Thousands of UK parents miss £27/week child benefit by not claiming before baby's first birthday.
- Step 1HMRC data reveals thousands of parents not claiming child benefit before baby's first birthday.
- Step 2Unclaimed £27/week reduces household disposable income for those families, dampening local consumer spending.
- Step 3SMEs serving families (e.g., childcare, baby goods, local retail) face slightly lower revenue growth.
Source: BBC News — Business
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