The love grandparents have for their grandchildren is unconditional, but it seems love is coming at a cost at a time when many people’s finances are feeling the squeeze.

Research by Creditspring found grandparents estimate they spend nearly £20 a day looking after grandchildren – with 70 per cent saying it feels more expensive now than it did 12 months ago.

In Donna Doidge’s case, the 60-year-old from Atherstone said she is losing out on £500 a month from caring for her two grandchildren.

Shorts

Donna is a maternity healthcare worker and has had to cut back shifts at work to be able to help care for her daughter’s sons, who are autistic.