The article highlights a looming crisis for parents as nursery fees are projected to increase by 10% following tax hikes proposed by Rachel Reeves. A survey conducted by the National Day Nurseries Association reveals that 96% of nurseries intend to raise their fees to cope with rising costs. This situation poses a threat not only to parents' finances but also to the availability of childcare, with many nurseries facing an uncertain future. Experts have urged policymakers to consider exempting nurseries from these tax hikes to safeguard early childhood education.
Parents face a significant financial hit with nursery fees set to soar by 10 per cent in the wake of Rachel Reeves's controversial tax hikes on employers.
Nearly all of those surveyed, 96 per cent, said they would increase fees to parents, by an average of 10 per cent.
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