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NEWS: Childcare settings receive cash boost as funding rates increase

Nurseries and childminders across the country will be paid more from today for every government-funded hour they provide to parents.

The Department for Education and David Johnston OBE MP publish a press release:

Nurseries and childminders will benefit from higher payment rates from today (1 September), as part of the largest ever investment in childcare in England.

The government has today increased the funding rates to local authorities for both three- and four-year-olds and two-year-olds, in a landmark moment for the early years sector.

The additional £204 million of funding is providing a substantial uplift for local authorities to increase hourly rates paid to early years providers for delivering the government funded hours to parents.

Minister for Children and Families, David Johnston, said:

“This funding increase is another vital step in this government’s work with the early years sector to deliver the flexible, affordable, and quality childcare that parents need. With yet another increase in funding coming next year, we are committed to supporting nurseries, childminders and everyone working with children in their vital early years to deliver on our biggest ever investment into childcare in England – set to save a working parent using 30 hours of childcare up to an average of £6,500 per year.”

Read the full press release here