Settings are losing an average of £32,000 a year due to the government’s underfunding of childcare places in England, an National Day Nurseries Association (NDNA) survey has revealed.
Nurseries are losing thousands of pounds due to the government’s underfunding of childcare places in England, an NDNA survey published today (9 March) has found.
Almost all (98.4 per cent) of nurseries surveyed were losing money, with the average setting losing more than £32,000 a year, just for their 15-hour funded places for three and four-year-olds.
That figure ‘can be doubled’ for nurseries with children on the 30-hour offer, which NDNA said was ‘just not sustainable for any business, private or voluntary’.