Childcare costs: Parents of children under two pay 5% more

A report has found parents in England, Scotland and Wales are paying 5% more on childcare for under-twos than a year ago – and 4% more for two-year-olds, BBC is reporting.

Childcare now costs on average more than £130 per week for a part-time nursery place for a child under two, according to children’s charity Coram.

The findings of Coram Family and Childcare’s survey suggest that childcare costs are rising faster than price increases generally, with the Consumer Prices Index (CPI) measure of inflation standing at 1.8% in January.

Research showed the most expensive regions were London and the South East, where the cost of 25 hours of nursery care for a child under two is £165.47 and £144.90 per week respectively.

Read full article here Childcare costs: Parents of children under two pay 5% more

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