(9 years, 7 months ago)
Commons ChamberT4. Parents look for certainty when they are planning family finances and child care can be a considerable cost. Does the Minister share my concern that in announcing unfunded new child care policies, the Labour party could create real and unwelcome uncertainty in the child care market, which will help neither parents nor children?
My right hon. Friend has huge experience in this area, having held the portfolio that I hold when we were in opposition. It is absolutely right that we need to give parents certainty to plan their child care needs. Child care hits family finances, so it is right that the Government have a clear plan to give parents of all three and four-year-olds free child care. For parents who want additional child care there is tax-free child care, but the Labour party’s plan, funded by the bank levy, which has been spent 11 times and more, is not a clear plan. Certainly, given its economic stance, it cannot fund that plan.