19 Feb, 2015

Childcare Cost Survey 2015

Family and Childcare Trust

The cost of a part-time nursery place for a child under two has increased by an inflation-busting 33 per cent over the course of this Parliament, according to new research by the Family and Childcare Trust. Overall, the cost for all types of childcare for under-fives has risen by at least 27 per cent in the last Parliament.

In its 14th annual childcare costs survey, the charity also reveals that the same nursery place has for the first time broken through the £6,000-a-year barrier, averaging at £115.45 a week across Britain. This represents a rise of 5.1 per cent in just one year. The average cost of part-time care from a childminder has also risen by 4.3 per cent in the last year, and now costs £104.06 per week or £5,411 a year.

And this year, for the first time outside of London, some of the very lowest income parents who claim help with childcare costs through Working Tax Credits will find the maximum amount they can claim – £175 a week – will not cover even their part-time childcare costs, and could leave them out of pocket by a minimum of £52.50 a week. Survey