British families took to the streets this past autumn to protest the cost of childcare. Childcare in the UK is the most expensive in the world. That’s according to the Organization for Economic Co-operation and Development, the OECD. Parents spend up to two-thirds of their weekly take home...
Introduced by George Osborne in 2013, this threshold would start at nearly £63,000 had it risen in line with inflation. Parents are being doubly squeezed by the effects of all this “fiscal drag” and above-inflation increases in the cost of childcare. Frankly, it’s no wonder theUK bi...
12 This means that the free entitlement can effectively be viewed as a price subsidy, rather than as a policy that hugely increased the availability of childcare places, as is often studied in other countries. Table 1. Descriptive statistics of the initial and final LFS samples. Empty Cell(1...