High nursery fees are causing many mothers to quit their jobs and become stay-at-home mothers, as childcare costs more than their monthly salary.
A survey conducted by the Early Years Alliance last month found that nearly nine out of ten early years providers in the UK are likely to increase their fees in 2023.
One mother, Dr Katy Hunter, 34, quit her job as an arts program developer earning £30,000 a year to stay at home with her two children.
Despite her income, full-time childcare for her children, aged two and four, cost her £2,100 each month, leaving her husband’s similar income to cover all other expenses.
Katy had to quit her job because she was effectively “paying to work”.
She feels the government should help families, and that there is not enough investment in children’s education and futures.
Another mother, Jasmine Allmond, had to quit her job in childcare as the cost of nursery for her four-year-old daughter was too high to justify, and she could not make ends meet even while accessing universal credit.
Jasmine believes it is “pretty impossible” for both parents to work while raising young children, and she feels the responsibility is down to the government to fix the situation.