News

Universal free childcare could boost UK economy by £13bn per year, says report

3 mins read Early Years Education
Providing free childcare for all families until the end of primary school could boost the UK economy by £13bn per year, according to a new report.
Researchers have put forward plans for a universal childcare guarantee. Picture: AdobeStock/Lordn
Researchers have put forward plans for a universal childcare guarantee. Picture: AdobeStock/Lordn

Research by think-tank The Institute for Public Policy Research (IPPR) and Save the Children says that reforming childcare up to the age of 11 could also “raise educational attainment, narrow the gap for disadvantaged children and help achieve equal pay for women”.

Plans including increasing funded childcare hours for two-year-olds and providing free wraparound care from 8am to 6pm for all primary school children could benefit 1.6 million children with low-income families gaining the most, according to the report.

It adds that “increased parental working would enable the Treasury to recoup an extra £8 billion a year from increased tax and national insurance revenues and from lower social security payments.”

Register Now to Continue Reading

Thank you for visiting Children & Young People Now and making use of our archive of more than 60,000 expert features, topics hubs, case studies and policy updates. Why not register today and enjoy the following great benefits:

What's Included

  • Free access to 4 subscriber-only articles per month

  • Email newsletter providing advice and guidance across the sector

Register

Already have an account? Sign in here


More like this

Hertfordshire Youth Workers

“Opportunities in districts teams and countywide”

Administration Apprentice

SE1 7JY, London (Greater)