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How to cut childcare costs as parents set to pay weekly average of £157 during summer holidays

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dailyrecord.co.uk

The school holidays are just over a week away for families in Scotland which means many parents will be starting to factor in the additional costs of childcare over the summer break.

New research from Moneyboat indicates that childcare costs have risen higher than inflation in some areas across Great Britain.

Research by the money lender found that childcare costs have risen at almost double the rate of inflation between 2014 and 2023.

The average cost of weekly childcare in Scotland 10 years ago was £103.52, however, fast forward to 2023 and most parents are paying over £53 more at £157.22 per week - an eye-watering increase of 52 per cent.

Read more on dailyrecord.co.uk
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