Nurseries in Wales say they might be forced to close because of rising costs.
A survey by the National Day Nursery Association (NDNA) found that a quarter of nurseries are expecting to make a loss, and 90% say their funding rate from the Welsh Government Childcare Offer is not enough.
With the rise in food, energy bills, and staff wages, the NDNA says the funding rate of £5 per hour is ‘just not enough’, citing a shortfall of £2,500 per year for every child receiving 20 hours of funding.
They’re calling for the Welsh Government to review their funding rates every year, to reflect rising costs, as the sector faces an ‘unprecedented situation’