Childcare: Finance

Summary

To ask the Secretary of State for Education, with reference to paragraph 3.15 of the Spring Budget 2024, HC 560, what weighting was given to (a) average earnings growth, (b) changes in the National Living Wage and (c) the (i) consumer price index and (ii)

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Timeline

1. 25 March 2024

   Written question

   To ask the Secretary of State for Education, with reference to paragraph 3.15 of the Spring Budget 2024, HC 560, what weighting was given to (a) average earnings growth, (b) changes in the National Living Wage and (c) the (i) consumer price index and (ii)

   Source: Commons

2. 17 April 2024

   Answer

   The last economic data available at the time funding rates are set will be used to determine the proportions allocated in the 2025/6 and 2026/7 financial years. The department estimates the changing costs to providers by using the annual results of the Su...

   Source: Written answer

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• · Department for Education · Answering body

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