Childcare Reform Package

John Redwood Excerpts

Wednesday 28th June 2023 Commons Chamber

[Claire Coutinho]

We are taking schools funding to a historic real-terms high. We are also making the single largest ever investment in childcare. I recognise that it has been a difficult time for public sector services, and the most important thing we can do is to grip inflation and make the pound go further, but overall we are putting record funding into both areas.

[John Redwood (Wokingham) (Con)]

We do need more childcare, and I wish the Minister every success with these policies, but we are going to need a lot more people, businesses and other institutions to come forward to provide that care. Will the whole Government do more? Can we get rid of IR35, a tax on the self-employed? Can we raise the value added tax threshold for small business? We must look at making childcare more worthwhile, because we need the teachers and the childcarers.

[Claire Coutinho]

I thank my right hon. Friend—I have just had a bit of a flashback to my days as a Treasury Parliamentary Private Secretary. He is absolutely right that the supply of childcare will be a really important part of growth, as has been reiterated by the IMF and others.