The Government is investing £1 billion extra every year for the early years entitlements, including over £300 million a year to increase local authorities hourly funding rates. Local authorities are required to pass the vast majority of their funding on to early years providers so that they can deliver the 30 hours of childcare for working parents and other entitlements on a sustainable and high-quality basis.<\/p>
The Government\u2019s increased level of funding is based on the \u201cReview of Childcare Costs\u201d which looked at both the current costs of childcare provision and the implications of future cost pressures including the National Minimum Wage and the National Living Wage. Recent research conducted by Frontier Economics, calculated the average hourly costs of providing childcare for three and four year olds, and the Government\u2019s new funding rates compare very favourably to these.<\/p>
We will keep under review the data underpinning the new Early Years National Funding Formula, which is used to distribute funding for the early years entitlements.<\/p>
The Government is also providing guidance, tools and support for providers to help make their businesses more financially sustainable and operate efficiently.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1562", "label" : {"_value" : "Biography information for Sir Robert Goodwill"} } , "answeringMemberConstituency" : {"_value" : "Scarborough and Whitby"} , "answeringMemberPrinted" : {"_value" : "Mr Robert Goodwill"} , "dateOfAnswer" : {"_value" : "2017-07-17", "_datatype" : "dateTime"} , "groupedQuestionUIN" : [{"_value" : "4346"} , {"_value" : "4347"} ], "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2017-07-17T16:51:56.56Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "60"} , "answeringDeptShortName" : {"_value" : "Education"} , "answeringDeptSortName" : {"_value" : "Education"} , "date" : {"_value" : "2017-07-11", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Children: Day Care"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Education, what assessment will be made of the effect of the cost of (a) the national minimum wage, (b) the living wage and (c) other employment costs on the level of funding required from her Department to deliver 30 hours free childcare.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4588", "label" : {"_value" : "Biography information for Tracy Brabin"} } , "tablingMemberConstituency" : {"_value" : "Batley and Spen"} , "tablingMemberPrinted" : [{"_value" : "Tracy Brabin"} ], "uin" : "4200"} ], "itemsPerPage" : 10, "page" : 0, "startIndex" : 1, "totalResults" : 1, "type" : ["http://purl.org/linked-data/api/vocab#ListEndpoint", "http://purl.org/linked-data/api/vocab#Page"]} }