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Parents could be spending up to 80 per cent of take-home pay on childcare – study

Parents spend on average a third of their hourly wage on childcare in England, according to research by think tank Nesta.
London is England’s ‘childcare affordability blackspot’, according to the Nesta analysis PHOTO Adobe Stock
London is England’s ‘childcare affordability blackspot’, according to the Nesta analysis PHOTO Adobe Stock

New analysis reveals the areas in England where childcare is the highest, by using a ‘childcare affordability ratio’, which links the median cost of an hour’s childcare and the median hourly wage. 

London is England’s ‘childcare affordability blackspot’, according to Nesta, which analysed Department for Education figures, and found that for a single parent on the national minimum wage childcare costs are 80 per cent of their take-home pay (without benefits).

The capital accounts for seven of the top ten least affordable places in England for childcare, with an hour of childcare costing more than 40 per cent of the median pre- tax hourly wage in four boroughs.

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