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More parents to quit work due to rising childcare costs

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A new survey of 1,000 parents conducted by family charity 4Children, has found that 1 in 5 parents in the UK are considering reducing their working hours or quitting work completely in order to cover childcare costs.

Cutting back on essentials and treats

Over a quarter (28%) of those parents asked said they will be cutting back on treats throughout 2015, whilst 16% said they will even need to cut back on essentials. Perhaps most importantly, over half of those questioned thought that political parties should commit to helping parents with the cost of childcare. Chief executive of the 4Children charity Anne Longfield said: “Childcare represents a huge financial challenge for most parents, and our poll shows the real impact costs are having on family life – from giving up work to cutting back on essentials. “Removing parents’ choice as to whether or not they continue to work after having children is not the answer for families or for the economy. Parents of the youngest children are feeling the pressures most acutely and are calling on politicians to do more to help, particularly with the cost of childcare.”

Rising childcare costs

Shadow education secretary Tristram Hunt has admitted that throughout David Cameron’s term childcare costs have raised by a massive 30%, whilst wages are down by an average of £1,600. “We will increase free childcare for working parents with three and four-year-olds from 15 to 25 hours, making a real difference to hard-pressed parents,” Hunt promises. “Labour’s plans for childcare will make work pay and boost the economy.” This survey has been released as seven local authorities around the country are said to receive £1m in government funding to ensure disadvantaged children will get better quality early education. Early Years Pupil Premium (EYPP) will be given to:

  • Blackpool
  • Bristol
  • Cambridgeshire
  • North Yorkshire
  • Northamptonshire
  • Hackney
  • Stoke-On-Trent

The Department of Education is going to receive feedback in April that will determine whether the full £50m will be distributed throughout England.

Tax free childcare

A spokesman for the department stated that childcare costs in England had been rising for the last 12 years but they were now stabilising. “All three-and four-year-olds now receive 15 hours of free childcare a week, and we have extended this to around 40% of two-year-olds from disadvantaged backgrounds,” he said. “The introduction of tax-free childcare will give almost two million families the opportunity to receive up to £2,000 of support per child.”

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About Siobhan Harmer

About Siobhan Harmer

Siobhan Harmer is an English Freelance writer who drinks far too much coffee!!

Website: Siobhan Harmer

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