The Department for Education has published more details of what early years providers can expect to receive in funding for two-, three- and four-year-olds, but settings have pointed out that final rates will be determined by local authorities.
This follows news in the Budget that there would be an extra £204 million from this September rising to £288 million next year (financial year 2024 to 2025) to increase the funding paid to nurseries for the existing 'free' hours offers.
Children's minister Claire Coutinho has said that rates for three- and four-year-olds are set to rise from £5.29 to over £5.50 per hour from September, while two-year-old funding will increase from the current national average rate of £6 per hour to around £8 per hour from September.
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