The NDNA says that business rates, lack of adequate funding for 30-hour childcare, and above-inflation rises to the National Living and Minimum Wage mean that the average private nursery will be short-changed by £42,000 a year.
The figures have been released to coincide with the meeting today of the All-Party Parliamentary Group for Early Education and Childcare inquiry.
The NDNA said that ministers must factor the cost implications of their Budget decisions into the childcare settlement for 2019/20, as failure to do so would lead to more nurseries closing.
Purnima Tanuku, chief executive of the National Day Nurseries Association, said, ‘This Budget announcement was disappointing on all fronts and is set to cost the sector almost half a billion pounds next year alone. Ministers must allow for this in the upcoming funding settlement or this becomes a massive funding cut.
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