The report by social enterprise United for All Ages, The Childcare Funding Crisis, warns that the UK is heading towards a ‘childcare costs car crash’ unless radical reform of funding is tackled urgently.
It warns that without reform, childcare businesses will continue to close, more families will be unable to afford daycare and have to give up work, and the promise of free early education for two-year-olds will not be deliverable.
The deregulation of childminders to increase the number of affordable childcare places is not the answer says the report, which calls for the Treasury to review and simplify all current funding streams that help parents pay for childcare.
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