childcare costs

picture of a happy working parent with her child on her lap

Working parents on Universal Credit set receive up to £20,872 a year in childcare support

  • Parents receiving Universal Credit to receive significant boost to childcare support.
  • Increased support means parents who are keen to get back to work can now claim up to £109 more a month to help cover childcare costs.
  • Comes as government hits its target of ensuring 150,000 children gain childcare places from the new rollout.

As of Monday 8 April,...

picture of a single parent looking after child and working out finances

Single working parents in the UK have just £400 left after mortgage and childcare, new study reveals

  • Single parents with a mortgage in Brighton are worse off financially across the UK, faced with an average growing monthly debt of -£900.
  • In 14 out of the 100 most populated UK towns and cities, single working parents with a mortgage appear to be accumulating debt each month - before paying for bills, food and clothing.

Single working parents in the UK are left...

picture of a toddler playing

5 Ways to avoid high childcare costs

1. Shift Work

If you and your partner are able to find jobs that have shift work then you may be able to work your shifts around each other to minimise the amount of childcare you will need.

2 . Try and job share with a friend or family member

You may find that your friends or family are in a similar situation to you, so you may be able to buddy up with another family and share the...

picture of a closed sign

Childcare crisis: 98.4% of nurseries losing £1000s due to funding shortfall

The government’s underfunding of childcare places in England has led to an 87% increase in nursery closures, with the average setting losing more than £32,000 a year just for their 15-hour funded places for three and four-year-olds.

This figure can be doubled for nurseries with children on the 30-hour offer, which National Day Nurseries Association (NDNA) says is just not sustainable for any...

picture of a childcare setting

UK losing 1% of GDP due to lack of suitable childcare

· UK is losing at least £9.4bn in additional earnings per year as a lack of suitable childcare is preventing mums from working the hours they would like to · The estimated lost economic output is upwards of £27bn equivalent to 1% of GDP

A new report from economics thinktank the Centre for Progressive Policy (CPP) lays bare the economics costs of the lack of accessible, affordable childcare in...

picture of a childminder and child

Parents facing soaring early years costs while a third of nurseries, pre-schools and childminders warn of likely closure in the next year

COST-OF-LIVING CRISIS: Parents facing soaring early years costs while a third of nurseries, pre-schools and childminders warn of likely closure in the next year, new Alliance survey reveals

“The early years sector in this country is in crisis. As our survey findings clearly show, current levels of government funding are nowhere near enough to support the delivery of affordable, sustainable...

picture of kids craft

New childcare funding rates announced today fall well short of rocketing costs for nurseries

With childcare providers’ costs due to rise dramatically from April, the Government has today unveiled hourly funding rates which for nurseries in some local authorities will only rise by 1%.

Following intense lobbying by National Day Nurseries Association (NDNA) and the early years sector in the wake of the Autumn Statement, the Government has agreed to invest an additional £20m into the...

picture of childcare

Early childcare costs around the world: US ranks worst among developed countries

  • The US is the only country in the developed world with virtually no maternity system in place
  • Mothers in America need to spend at least one eighth of their wages on early childcare
  • Denmark, Romania, Estonia, Bulgaria and Austria have the most balanced maternity systems in the developed world
  • The most generous country for early childcare-related
  • ...
picture of dad getting son ready for school

£2,000 in government funding available to help with childcare costs in the South West

Families in the South West could save up to £2,000 a year towards their childcare costs to help pay for October half-term holiday clubs and wraparound care during the school terms, reminds HM Revenue and Customs (HMRC).

More than 37,000 families in the South West saved money on their childcare costs in June 2022 and HMRC is urging thousands of other families to not miss the chance to...

picture of children at nursery

PARENTS WITH SEPTEMBER BABIES COULD BE SPENDING OVER £20,000 MORE ON CHILDCARE FEES 

New research has revealed the true scale of nursery fees across the UK, with some parents paying up to £20,269 extra per year, depending on the month when their child is born.

The Nursery Fees Report, produced by the UK’s leading IVA provider, Creditfix, found that parents who have a child in late July or August could save thousands of pounds compared to if their child is born in September...

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