last year, according to the 2014 report from market analysts
LaingBuisson.
The annual survey of the childcare market puts the value of day nurseries in the UK at £4.9bn, a rise of 4 per cent in real terms.
The report analyses the full daycare nursery sector, but does not take into account sessional care providers or childminders.
The LaingBuisson report reveals optimistic expectations from nursery businesses and from investors.
Economist Philip Blackburn, the report's author, told Nursery World, 'Optimism is much stronger. A lot of nurseries are in a good position. The economy is lifting and the labour market is lifting to support demand.
'There seems to be a big shift in momentum towards growth, which was fairly stable in the past few years and it's starting to grow again.'
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