As families across the UK prepare for the announcement of the October 2024 budget, parents and childcare providers alike are eagerly anticipating updates to government support for childcare. With childcare costs and availability being ongoing challenges for many, the budget is expected to include targeted measures aimed at easing this burden. Here’s what families could see in the new budget.
Expanding Nursery Funding and Facilities
The government has confirmed an allocation of £1.8 billion to support the expansion of government-funded childcare, alongside a £15 million capital investment specifically for school-based nurseries. This investment is anticipated to fund 300 new or expanded nurseries across England, increasing availability and potentially reducing waiting lists for nursery placements.
For working parents, this expansion is significant. More government-funded nursery spots mean that families struggling to find affordable, accessible nursery places may soon have additional options. This funding is especially valuable in regions where nursery availability has historically been limited. By making more nursery spaces available, the government aims to allow more parents to work without facing prohibitively high childcare costs.
Boosting Support for Breakfast Clubs
Working parents often rely on breakfast clubs as a practical way to manage school hours alongside work schedules. In recognition of this need, Chancellor Rachel Reeves has committed to tripling investment in free breakfast clubs to £30 million by 2025-26. This comes after a £7 million trial was announced in September, which will launch across 750 schools in April 2025.
Expanding breakfast club availability is expected to be a positive step for families. Not only do these clubs provide a safe environment for children before the start of the school day, but they also relieve some of the financial pressure on parents. With more schools expected to offer free breakfast clubs, working parents may find it easier to manage work commitments without needing to arrange additional morning childcare.
Increased Funding for Affordable Childcare
The new budget is expected to address the broader childcare crisis by improving funding across various childcare services. In recent years, childcare costs have risen sharply, putting significant financial pressure on families. Government officials have suggested that funding boosts in the October 2024 budget will seek to alleviate some of these costs, offering more affordable childcare options to working families.
This increased funding may also extend to childcare providers who have struggled with rising operational costs, such as staffing and resources. Enhanced funding could allow these providers to maintain or even reduce their fees, ultimately making high-quality childcare more accessible to a broader range of families.
Focus on Childcare Accessibility and Inclusivity
In addition to expanding services, the October 2024 budget is likely to address childcare accessibility for children with disabilities. The government recently announced a £240 million initiative aimed at providing skills, work, and health support for disabled individuals and long-term sick people. While this initiative primarily targets adults, it underscores the government’s focus on making services, including childcare, more inclusive and accessible for families with additional needs.
Looking Ahead: What Families Can Expect
The proposed childcare measures in the October 2024 budget are a positive step toward supporting working families. By increasing funding for nurseries, breakfast clubs, and accessible childcare services, the government is making an effort to reduce the burden of childcare costs on family budgets. For many parents, these changes may mean improved work-life balance and greater flexibility to pursue employment opportunities without the fear of unaffordable childcare.
As the budget details are finalised on October 30th, families can look forward to a clearer picture of the support available. For now, the promised childcare investments provide hope for parents navigating the complexities of family and work in a challenging economic climate.
If you're thinking of buying something recommended by us, please go via the links on our pages. When you do this we may earn a fee which supports our editorially independent, family business.