Cost of childcare has risen four times faster than wages since 2008, says TUC

The cost of childcare for young children has risen more than four times faster than wages since 2008, according to new analysis published by the TUC today (Friday).

The analysis reveals that in England the average wages of those with a one-year-old child rose by 12% in cash terms – although pay is still falling in real terms – between 2008 and 2016. However, over the same period, childcare costs shot up by 48%.

And in some parts of the UK the cost of childcare has risen by even more – in London childcare has risen 7.4 times more quickly than pay, in the East Midlands 7 times, and in West Midlands 4.8 times.

Read the full report on this link to the TUC

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