National Day Nurseries Assocation
Childcare costs £2.98 an hour
NDNA Chief Executive Purnima Tanuku, Chief Executive explains that £7000 to £8000 a year for childcare equates to £2.98 an hour for a 50 hour place.
"If you then look at all the items this needs to cover including high staff to child ratios, rent or mortgage, business rates, utilities, snacks, equipment and training, you can see that this amount does not go very far. Indeed, many nurseries are struggling to break even or are even making a loss as they battle to balance affordability for parents with sustainability."
NDNA recognises difficulties parents face in meeting fees, but highlights rises essential for nursery survival
According to NDNA, higher quality care equates to higher fees. Nurseries will be employing graduate level leader, business rates are set to rise, the EYFS comes into force and nurseries invest in better qualified staff.
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