Labour's Plans for Childcare
Alison McGovern MP, Labour’s Shadow Minister for Children and Families, responding to the Aviva Family Finances Report finding that working parents are being hamstrung by childcare costs, said:
“Under David Cameron, childcare costs have rocketed by 30 per cent since 2010. Wages are down by £1,600 and the availability of childcare has plummeted. Labour’s plan for childcare will make work pay and boost the economy. We will increase free childcare for working parents with three and four year olds from 15 to 25 hours, making a real difference to hard-pressed parents. Our legal guarantee of a childcare place for parents of primary school children will also help mums and dads balance work and family life.”
Labour has a plan to give families the support they need. to do this, Labour has pledged to:
- Extend free childcare from 15 to 25 hours for working parents with three and four-year-olds paid for by an increase in the bank levy. This will benefit nearly half a million three and four-year-olds and their families and help parents overcome the barrier to getting back to work or working more hours.
- Labour will renew and reinvigorate Sure Start, reforming the way local services work together to shift from sticking-plaster services to radical early help, to provide good quality support to all families that need it.
Childcare costs nearly half the average salary.
Recent analysis carried out by the Labour Party shows that childcare costs have reached almost half of the average salary in some areas of the country.
Data collected from local councils shows a steep increase in the cost of a 25 hour per week nursery place, particularly in London. Childminding costs have also sky rocketed. Overall, the cost of part time childcare has now increase by over £100 a week in three quarters of Local Authorities. To read the full article, click here.
The cost of childcare has become a major issue for parents across London.
Under the Tory-led Government, childcare costs have risen by a staggering 30 percent. There are also 35,000 fewer places and the Coalition Government have cut financial support to help parents pay for childcare. Some families have suffered a loss of £1500 a year.
In London the impact is especially severe. Childcare costs are also a major drag on the economy and on the ability of families to make work pay.
Labour’s pledge to extend free childcare provision from 15 to 25 hours for three and four year olds with parents in work will be a real boost for families struggling with the cost of living crisis. Worth £1500 per child per year this extension will boost employment, family finances and the exchequer.
Labour will introduce a primary childcare guarantee and give all parents of primary school children the guarantee of childcare availability through their school from 8am-6pm. Labour also pledges to expand free childcare for 3 & 4 year olds from 15 to 25 hours per week for working parents – an increase in childcare support worth over £1,500 per child. This package will be funded from an increased Bank Levy.