(1 year, 5 months ago)
Commons ChamberI am delighted to join my hon. Friend in thanking all those involved in the project. The Two Bridges site remains on track to open as planned and work is progressing well. We are committed to working with the trust to ensure that that remains the case.
The cost of childcare depends on hours used a week over weeks per year, provider type, child’s age and region. For this reason, the Department does not produce an official estimate of the average weekly cost of childcare by the number of children in a household. However, this year, Coram estimates the cost of using 25 hours a week of childcare for a child aged under two in a nursery as, on average, £151 across England.
In low-wage economies such as Plymouth, families are struggling to afford decent childcare and are having to choose between working all the hours God sends to afford the nursery bills and leaving the workforce to look after the kids at home. I look forward to meeting the Secretary of State tomorrow to talk about how we can keep south-west nurseries financially afloat, but mums and dads need to be kept afloat as well. What can the Minister do to make childcare more affordable and, importantly, not just load those additional costs on to nurseries that are already struggling to pay their bills?
I completely recognise that this has been difficult for families, but that is exactly why we are taking action. We are making the single largest ever investment in childcare. We will be doubling the amount we spend on it by 2027-28, and that will start with additional funding this year.