Figures On Childcare Costs Are Released

Childcare costs are rising

Daycare Trust has published a report on the typical childcare costs for 2010. The findings show that:

The Average cost for 25 hours a week childcare in England is £88; this is more than 50% of the average part time earnings which are £153 per week
Parents in London can pay up to £11,050 per year for 25 hours of childcare per week, the highest cost in England
Average yearly expenditure on childcare for parents in England is over £200 more per year than for those parents in Scotland and Wales for 25 hours of nursery care per week for a child under the age of 2
All types of childcare has risen as a result of inflation
The cost of a nursery place for children aged 2 and above has risen by 5.1% in England, nearly double inflation
Over half of Family Information Services across Britain has revealed a lack of childcare
50% of local authorities in Britain have reported a lack of sufficient childcare for older children and disabled children
A local authority-run summer play scheme typically costs £82.60 for one child per week in England. Whereas in Wales, a similar scheme would cost £58.89 and £104.28 in Scotland
Private, voluntary and independent-run schemes usually cost around £104.55 per week in England, £101.60 in Wales and £96.47 in Scotland

Payplan

If you’re struggling to pay your bills and are behind with debts due to increased living costs, then contact Payplan for free debt advice online or telephone 0800 280 2816.

Written by Becky on August 24th, 2010

Filed Under Debt News | Trackback | Leave a Comment