Nursery World - Estimate that the expanded offer will save families up to £6,500 is a 'far cry' from the truth

Many families eligible for the new two-year-old funding will still struggle to afford their childcare bill, warns new research that finds a quarter of parents will save less than £100 a month.

New research by Pregnant The Screwed suggests parents will continue to struggle to pay for childcare despite the expanded entitlement coming in from next month, PHOTO: Adobe Stock

A survey of 3,396 parents by Pregnant Then Screwed finds that for a quarter, the new two-year-old funding will save them less than £90 a month. One in five parents said they will save less than £50 a month.

The findings suggest that on average, parents will save between £100-£120 or up to £1,440 a year. ‘A far cry from the Government’s estimated savings of £6,500 a year once the offer is fully rolled out’, says the campaign group.

It backs earlier research by Pregnant Then Screwed that suggested the expanded offer with save a third of parents less than £100 a month.

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