In some parts of the UK, childcare now costs nearly £10,000 a year - with lower-income families among the hardest hit.
In another sign of the growing cost of living crisis in British households, the cost of childcare is surging.
In the same week that it was uncovered growth in wages is half what it was thought to be – and living standards in the UK are facing the biggest squeeze in 50 years – a new report bring home further how families across the country are struggling to meet rising childcare costs..
The surge has been revealed in the Family and Childcare Trust’s 17th annual Childcare Survey. The group have found that:
- The average cost of childcare has risen 7% in just a year
- The average price for a part time nursery place for a child under two is a massive £122 per week. That’s over £6,300 per year – up from £5,800 last year
- Prices vary greatly across the country. In Inner London – the most expensive region in the UK – the price of a part time nursery place for a child under two is £184 per week, or £9,500 per year
- Low income families are being hit hardest – the growth of childcare costs far outstrips maximum state support available
Lower income families are likely to be worst affect by the surge in prices because the Tories have cut back additional state benefits for families with children under three years old.
And those who are eligible for a free 30 hours of childcare a week may struggle to get it: the survey reveals that half of local authorities in England say they don’t have enough spaces to keep up with demand.
All further proof that the Tories are utterly failing to deliver their hugely popular manifesto pledge of 30-hour free childcare a week to working parents – not to mention the fact that the scheme itself deliberately excludes children whose parents who work part time or zero hours jobs.
Ellen Broomé, Chief Executive at the Family and Childcare Trust, commented on the findings:
“Childcare is as vital as the rails and roads, it supports parents to work, boosts children’s outcomes and provides our economy with a reliable workforce. Too many parents remain locked out of work by high childcare costs and low availability.
“New Government investment is welcome, but this year’s childcare price surge shows that without root and branch reform, many families will be left just treading water.
“We need a simple and responsive childcare system that makes sure every parent is better off working and childcare quality is high enough to boost children’s outcomes throughout life.”
Labour have seized on the findings. Shadow Education Secretary Angela Rayner said:
“This year’s childcare survey shows that the cost of childcare continues to skyrocket under this Tory government. It is clear that they are failing to deliver affordable, sustainable childcare for families across the country.
“The Government’s failure to provide free and high-quality childcare to those who need it most will keep many mothers locked out of the labour market, as rising childcare costs mean it doesn’t pay to work.
“The next Labour Government will give a fully-funded offer of 30 hours free childcare to every 2-4 year old in England, as we build a country for the many, not the few.
Despite their modernising rhetoric, the Tories’ childcare policies are in utter disarray…
As you’re here, we have something to ask you. What we do here to deliver real news is more important than ever. But there’s a problem: we need readers like you to chip in to help us survive. We deliver progressive, independent media, that challenges the right’s hateful rhetoric. Together we can find the stories that get lost.
We’re not bankrolled by billionaire donors, but rely on readers chipping in whatever they can afford to protect our independence. What we do isn’t free, and we run on a shoestring. Can you help by chipping in as little as £1 a week to help us survive? Whatever you can donate, we’re so grateful - and we will ensure your money goes as far as possible to deliver hard-hitting news.