23/09/2013

Labour Pledges To Increase Free Childcare Hours

Labour have made a pledge to give working families in England an additional ten hours of free childcare, up from 15 to 25 hours, should they win the next election.

Working parents with children aged three-to-four years old will be eligible, including single parents and families with both parents working.

It is understood that in order to pay for the additional childcare Labour would increase the bank levy – an annual tax on a banks balance sheet introduced in 2010 by Chancellor George Osbourne.

Under the plan money would also be provided to Scotland, Wales and Northern Ireland but it would be left to the individual governments to determined how to spend that money.

Shadow Chancellor Ed Balls is also expected to call for the remit of the Office for Budget Responsibility (OBR) to be extended to allow them to review the oppositions proposed budget manifesto.

(MH/CD)

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