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<p>We recognise that parents are best placed to decide how to care for their children,
and how best to balance childcare and work. The government is committed to supporting
parents with the costs of childcare, which is why by 2020 this Government will be
spending a record amount – around £6bn a year on childcare support.</p><p> </p><p>Key
factors associated with the economic costs and benefits of parents moving into work
are likely to include the cost of childcare, parental earnings and the developmental
benefits of childcare.</p>
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