Yet another blow to families as childcare costs skyrocket

Last Updated: February 16, 2023By Tags: , , , , ,

Who could afford to be a parent under this Conservative government?

Inflation is above 10 per cent while wages are stagnating because the Tories want them to.

Energy bills are set to hit an average of £3,000 per year because the Tories won’t keep their price guarantee for another three months and won’t help with the extra costs.

Local authorities across England (I haven’t heard about the other UK countries) are set to increase Council Tax by the maximum amount allowed, and are still set to reduce services – because the Tories won’t provide enough in the central government grant.

And now child care costs are set to rise by an eye-watering £1,000 per year.

Try to ignore the Labour Party flag-waving from Imran Hussain; it’s the news story link below that matters:

The story states:

A survey of 1,156 providers by the Early Years Alliance found nine out of 10 expect to increase fees, typically in April, and by an average of 8% – higher than in previous years.

UK childcare costs are already among the most expensive in the world, with full-time fees for a child under two at nursery reaching an average £269 a week last year – or just under £14,000 annually.

An 8% rise would take that to more than £15,000.

Who can afford that?

The concern is that by this stage many parents – particularly mothers – have felt forced to drop out of work or cut their hours.

Three and four-year-olds in England attending a nursery or childminder are eligible for either 15 or 30 free hours a week depending on whether their parents work, so their costs are a lot lower.

Most nurseries and childminders surveyed – 87% – said the money they get from the government does not cover their costs to provide the “free” hours – leaving them out of pocket.

More than half of providers (51%) said they had operated at a loss last year. A handful said they were looking at fee increases of as much as 25%.

An option to extend free hours to all two-year-olds is understood to have been ruled out.

The problem for the Tories is that there aren’t enough people in the workforce as it is; if people have to quit their jobs to look after their children, the economic result could be disastrous.

Only today (February 16), this site commented on an alleged plan to persuade GPs not to sign sick notes for people with long-term illnesses in order to force them to stay at work.

But this will not help as people who are sick either won’t be able to carry out the amount of work required, or won’t be able to work at all.

Before Brexit, the UK could always bring in a migrant workforce from Europe – but the silly Tories ended that with their Brexit. They only have themselves to blame.

And This Writer’s instinct says they’re only going to make matters worse.

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