The recent Frontier Economics' Early Years Providers Cost Study highlighted key trends in early years providers' finances and attempt to understand how policy changes have affected these.
The study surveyed 120 early years providers - including private and voluntary nurseries, maintained nursery schools and childminders - between March and July 2018, and compared data to that collected by a Department for Education study in 2015.
Over the three years, the cost of providing a childcare place rose by 13 per cent across all settings, with costs rising fastest for private providers and childminders. The rise was lowest for maintained nursery schools, although their hourly place cost is more than other settings because of higher staff costs (see table).
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