News

Children’s minister confirms £340m funding boost for early years not announced in Spending Review

Publish Date: Edit Date: 2 mins read Early Years
Children and families minister Will Quince has confirmed an additional funding boost of more than £300m for early years providers not previously set out in Rishi Sunak’s Comprehensive Spending Review (CSR).
Will Quince held an "urgent meeting" with early years leaders following Rishi Sunak's speech. Picture: Parliament UK
Will Quince held an "urgent meeting" with early years leaders following Rishi Sunak's speech. Picture: Parliament UK

The Chancellor yesterday (27 October) announced that providers would receive “£170m by 2024/25 to increase the hourly rate to be paid to early years providers, to deliver the government’s free hours offers”.

Quince, who is MP for Colchester, held an “urgent meeting” with sector leaders including representatives of the Early Years Alliance, National Day Nurseries Association and Pacey.

The children and families minister confirmed additional funding for early years entitlements worth £160m in 2022/23, £180m in 2023/24 and £170m in 2024/25.

“This is for local authorities to increase hourly rates paid to childcare providers for the government’s free childcare entitlement offers and reflects the costs of inflation and national living wage increases,” Quince said.

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