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UK childcare takes bigger bite from parents' wages


www.grub4life.com today reports that childcare in the UK costs parents more of their income than in most other countries in the developed world, a study has found. 31-08-2010

The study found that the cost of a full-time place for two-year-olds was around a quarter of the average wage, compared with an average of 16 per cent across all of the 27 countries in the OECD. The cost of childcare as a proportion of salaries was higher only in Portugal, Spain, Luxembourg and Switzerland.

Kate Groucutt, policy director at the Daycare Trust, said, 'The Government has pledged to make the UK the most family-friendly country in Europe. In order to succeed, one of the most crucial things they must do is make childcare more affordable for all parents, through expanding free places, providing more subsidies to providers, and simplifying the tax credit system to allow low-income parents to claim for 100 per cent of childcare costs.'

With thanks to www.nurseryworld.co.uk
 
To read the full story go to:

http://www.nurseryworld.co.uk/news/bulletin/NurseryWorldUpdate/article/1023790/?DCMP=EMC-CONNurseryWorldUpdate





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