The ongoing economic crisis means tough times with many families cutting back on spending as they feel the pinch.

And no wonder: new research from the UKs largest friendly society, LV= reveals that cost of raising a child from birth to age twenty-one has now reached more than 200,000.

In our recent webcast, Nigel Snell from LV= and guest expert Nifa McLaughlin, editor of parenting site, discussed the research and the implications and practicalities for parents around the UK. Thank you to all viewers who submitted questions or comments at the time - we tried to answer as many questions as we could in the half-hour slot.

The webcast is now available to watch anytime on-demand, simply by clicking the play button below.