Unpaid carers save £119 billion a year

Thursday, 12 May 2011

New estimates, calculated by charity Carers UK and the University of Leeds, show the care provided by friends and family members to ill, frail or disabled relatives is now worth a staggering £119 billion every year.

  • The figure has risen by over a third since the 2007 estimate, which stood at £87 billion
  • Carers’ contribution now far outstrips the total cost of the NHS (£98.8 billion).
  • The figure amounts to £2.3 billion per week and £326 million per day.

New estimates show that there are around 6.4 million people in the UK providing care for ill or disabled loved ones that would otherwise cost the state £18 an hour, meaning that each carer saves on average £18,473 a year.

A full report Valuing Carers, written by Carers UK and Dr Lisa Buckner, University of Leeds gives national, regional and local estimates of carers’ contribution, and can be downloaded here