Money Box Live: Cheaper Childcare?

--:--
Working parents and carers of children aged 9 months or over are now entitled to 15 hours of funded childcare a week during term time.50 hours of nursery can cost around £14,000 a year, so it's a welcome relief for many. There had been warnings that parents would struggle to find places but the government says it is confident about meeting demand.From next September, the offer is set to rise to 30 hours, and include children up to school age too.Education Minister, Baroness Smith has said it'll be a challenge to meet that level of demand with the Department for Education estimating about 85,000 more childcare places and 40,000 extra staff will be needed by 2025.On today's programme we will be hearing from parents as well as the CEO of Kids Planet, one of the countries largest providers. Felicity Hannah will also be joined by Jonathan Broadberry, Policy Director at the National Day Nurseries Association and Emma Broome, Chief Executive of children's charity Coram.We'll also look at the new rules coming in to make childcare cheaper in Northern Ireland.Presenter: Felicity Hannah
Producer: Sarah Rogers
Editor: Jess Quayle(First broadcast at 3pm on Wednesday the 4th of September, 2024)
2 Oct English United Kingdom Business

Other recent episodes

Household Support Fund and Gambling with Credit

Hundreds of millions of pounds has been made available from the government for local authorities across the UK to spend on those most in need of financial help. Known as the Household Support Fund it's made up of £421 million for councils in England with another £79 million for devolved…
5 Oct 26 min

Winter Fuel Payment and Using Cash

Many pensioners in England and Wales will lose Winter Fuel Payments this year. This annual payment had been universal and worth £200 or £300 pounds a year, depending on your age. From this winter it will be restricted to pensioners receiving Pension Credit or other means-tested benefits. The reason for…
28 Sep 26 min

Money Box Live: Chasing a Dream

Not every dream job has an obvious route to success, so how do you make your passion project pay without falling behind on your bills?Visa research shows that around 45% of Gen Zs (people born between the late1990s and the early 2010) have a side hustle, but it's not just…
28 Aug 28 min

Benefit Overpayments and Travel Money

Nearly 10,000 people have needed free debt advice because of accidental overpayments by the Department for Work and Pensions in the past 12 months. That's according to figures from Money Wellness, a debt advice company which is funded by the government's Money and Pension Service. It says because most of…
24 Aug 25 min

Money Box Live: Your Power of Attorney Questions

Felicity Hannah looks at giving someone Lasting Power of Attorney - that's the authority to manage your financial affairs in the event that you couldn't. What are they, how do they work and how much do they cost? This programme is dedicated to answering your questions. On the panel we…
21 Aug 31 min