The government has delivered its pledge to fund childcare for 30 hours a week – saving parents £7,500 a year, per child, and putting more money in their pockets.
Take-up is expected to be over and above initial projections, with over half a million kids on track to be more school ready by age 5 as we give every child the best start in life, News Cover reports, citing UK government.
This also delivers a boost to economic growth as exclusive new government polling finding nearly a third (29%) of parents say the support will enable them to up their work hours.
The economic benefits will be felt more widely, helping businesses keep skilled staff and widen the talent pool available to boost productivity and raise living standards - two critical parts of the government’s mission to grow the economy.
Welcomed by business leaders like the British Chambers of Commerce, this is an investment in the next generation, breaking down barriers to opportunity so that every child, regardless of where they are from, gets the best start in life so they can go on to succeed at school, enter high-quality jobs, and contribute to the country’s future prosperity.
For grandparents who provide childcare support during the working week, the expansion is making a difference - allowing them to step back from daily duties and enjoy quality time with their grandchildren, while parents return to work with confidence.
This comes as polling shows over 9 in 10 families have secured one of their top three preferred providers, backed by our support for the sector to ensure it can keep up with the increased uptake in places, with total funding rising to £9 billion next year.
As we unblock the barriers that have held children back, today parents will be able to access an all-new Best Start in Life website to offer support beyond the nursery door, with everything they need to give their children the best start in their early years and beyond.
