![The NDNA's analysis shows many providers are not seeing much of an increase to their hourly funding rate, PHOTO: Adobe Stock](/media/l53ll2sj/money2927-460x306.jpg?width=1002&height=668&bgcolor=White&v=1da9cb106fd77f0)
In March, the education secretary announced £204m additional funding to increase the hourly rates from September, heralded as supporting providers to get ready for the expansion of funded places from next April.
Increasing minimum wage to £11ph would be the 'final nail in the coffin' for early years
However, new analysis by the National Day Nurseries Association (NDNA), suggests many providers’ funding rates have increased by just tens of pence per hour.
According to the figures, the average rate has increased from £4.85 to £5.17 for three and four-year-olds. In comparison, the increase for two-year-olds is an extra £2.02 per hour.
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