Childcare Costs Soaring
The Daycare Trust charity says childcare costs are rising far above inflation
27th January 2005
The childcare charity Daycare Trust reports that nursery costs have risen by a nationwide average of 5.2% over the last year, far outstripping the rate of inflation.
London saw the biggest rises, with an estimate that parents in London would spend close to £10,000 a year in childcare costs for a child under two - a 17% rise.
The Department of Education contested the findings, saying that its own estimate of £3,800 was the more accurate figure.
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