A nursery owner emailed me very recently, in despair about how she was going to keep her setting going on the funding rates she receives. She was now £60,000 in debt, she explained, due to an hourly rate for three-year-olds of £3.92 (against a ‘real cost’ of £7.50).
Her story is not unusual, of course, and the Early Years Alliance reckons that there is now a £662 million funding shortfall. This nursery owner emailed Nadhim Zahawi and Damian Hinds, but was told that the funding she gets was plenty. And to add to the frustration, neither of these is in post any longer.
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