Childcare costing more than mortages bills

March 4, 2014 9:24 am

The Family and Childcare Trust has published a report that says a family with two children will spend over £7,500 each year on childcare, compared to just over £7,200 on their homes, provoking the headline that “the cost of childcare is now more than mortgage bills”. The Family and Childcare Trust report showed that over the past five years childcare costs have risen by 27 per cent.

Lucy Powell MP, Labour’s Shadow Minister for Childcare and Children, commented that “under David Cameron childcare costs are soaring, adding pressure to family life and shutting parents out of work”.  The report found that parents in Britain use more of their salary to pay for childcare – 26.6% – than most other European countries according to the Organisation of Economic and Cooperation and Development (OECD) data.

Family and Childcare Trust

March 4, 2014 9:24 am

*/?>

Sign up to receive analysis on policy developments across our specialist sectors








Contact us

For more information about how Whitehouse can help you, please contact:

Isabella Sharp
t: +44 (0)20 7793 2536
m: +44 (0)7813 307490
isabella.sharp@whitehouseconsulting.co.uk

Viviana Spaghetti
t: +44 (0)20 7463 0668
m: +44 (0)7583 051119
viviana.spaghetti@whitehouseconsulting.co.uk

For media enquiries, please contact:
Mayar Raouf

t: +44 (0)20 7463 0698
m: +44 (0)7502 327092
mayar.raouf@whitehouseconsulting.co.uk

For general enquiries, please contact:
info@whitehouseconsulting.co.uk
+44 (0)20 7463 0690

Sign up for the latest news

  • * Denotes required fields
  • This field is for validation purposes and should be left unchanged.