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<p>At the Spending Review on 27 October 2021, the department announced additional
funding for the early years entitlements worth £160 million in the 2022-23 financial
year, £180 million in 2023-24 and £170 million in 2024-25, compared to the current
financial year. This is for local authorities to increase hourly rates paid to childcare
providers for the government’s free childcare entitlement offers and reflects cost
pressures, like the increase in the national living wage, as well as anticipated changes
in the number of eligible children.</p><p>For the 2022-23 financial year, the department
will increase the hourly funding rates for all local authorities by 21p an hour for
the two-year-old entitlement and, for the vast majority of areas, by 17p an hour for
the three and four-year-old entitlement. We will also increase the minimum funding
floor by 17p an hour, meaning no council can receive less than £4.61 per hour for
the three and four-year-old entitlements.</p><p>Uplifted funding rates for each local
authority for 2022-23 were published on 25 November: <a href="https://www.gov.uk/government/publications/early-years-funding-2022-to-2023"
target="_blank">https://www.gov.uk/government/publications/early-years-funding-2022-to-2023</a>.</p>
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