Let’s rewind to the autumn Spending Review in 2021. First of all, Chancellor Rishi Sunak pledged £170m more for childcare providers in early years funding by 2024-25. Following that came a surprise announcement from new Childcare Minister Will Quince that, in fact, local authorities would receive an ‘additional’ £160m in 2022-23, £180m in 2023-24 and £170m in 2024-25 to increase the hourly rate paid to childcare providers.
In a tweet at the time, Quince said, ‘This is for local authorities to increase hourly rates paid to childcare providers for the Government’s free childcare entitlement offers and reflects the cost of inflation and national living wage increases.’
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