Nurseries are facing a “real crisis” with “frightening” levels of inflation and soaring energy bills, according to one leading industry expert.
As energy bills soar, households will be protected to some extent by the price cap set by the regulator Ofgem, however, businesses do not receive this same protection.
On Wednesday it was announced that inflation hit 10.1 per cent in the 12 months to July, hitting double digits for the first time since 1982.
Early years childcare providers say they are “having to look at” whether they should raise overall fees as well as up the cost of facilities such as on-site meals for children to try to make up some of the shortfall from government funding and rising costs, Jonathan Broadbery, Director of Policy and Communications at the National Day Nurseries Association, said.
