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News - 6 March 2012

Child care Costs Rising

According to research by the national childcare charity Daycare Trust, the average hourly cost of childcare for an infant under the age of two has risen by an inflation-busting 5.8% across Britain in the past year, which means that the average annual expenditure for a child of that age has risen to £5,103.

And with HM Revenue and Customs revealing that 44,000 fewer families are receiving childcare help because of Government cuts to working tax credits last year, campaigners say it is no wonder so many people are struggling.

Anand Shukla, the trust's chief executive, said:
"We are calling on the Government to reverse its self-defeating childcare tax credit cuts and to deal decisively with the childcare affordability crisis for parents by pledging to provide free childcare for all two-year-olds by the end of the current parliament."

Lavinia Newman, Founder of ABDS says:

“Childminder costs have also risen over the past year - up 3.2% for a child under the age of two and up 3.9% for a child aged two and over.”
Anne Longfield, chief executive of 4Children, said:
 "Parents are finding themselves trapped in a double whammy of needing more help with childcare because finances are tight at the same time that Government is reducing its own spending in this area.

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