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Budget 2023: Key announcements for children and young people

Childcare reforms and support for struggling families are among a raft of measures announced by Chancellor of the Exchequer Jeremy Hunt in his 2023 Budget.
Jeremy Hunt delivered his Budget in the House of Commons. Picture: The Treasury
Jeremy Hunt delivered his Budget in the House of Commons. Picture: The Treasury

Hunt told the House of Commons today (15 March) that his plans is based on “the Prime Minister’s five priorities for our country”.

These include reducing inflation, reducing debt and economic growth.

The Chancellor said: “Britain is on a lasting path to growth with a revolution in childcare support, the biggest ever employment package and the best investment incentives in Europe.”

CYP Now lays out Hunt’s key announcements impacting the children and young people’s sector:

Childcare

A raft of childcare reforms have been announced in a bid to increase the UK’s workforce.

Announcements include offering all eligible working parents 30 hours of funded childcare for children over nine months old by 2025 and an increase in the hourly rate paid to childcare providers.

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