The statistics compiled from figures submitted by Family Information Services in England, Scotland and Wales, reveal the cost of all forms of childcare has gone up above average wage rises.
The average yearly expenditure for 25 hours' nursery care per week for a child under two stands at £5,028 for parents in England, £5,178 for parents in Scotland and £4,723 in Wales. The average yearly cost of 25 hours' care from a childminder for a child under two stands at £4,670 in England, £4,664 in Scotland and £4,687 in Wales.
Anand Shukla, acting chief executive of the Daycare Trust said: "When parents sit down to calculate their family finances and see childcare costs increasing far faster than their wages, it is no wonder they may think twice about the economic sense of staying in work. These costs are particularly significant given the number of people not receiving pay increases this year, the increase in VAT and rising costs of other household goods.
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