Publication
The costs of childcare after housing costs
Date: 24 December 2012
Author: Vidhya Alakeson and Alex Hurrell
It is well known that the UK has some of the most expensive childcare in the OECD, accounting for a third of household income in some cases. New analysis published by the Resolution Foundation shows that the picture is even bleaker for families than we generally assume. The analysis looks at the costs of childcare after families have paid for housing which is a more accurate reflection of the disposable income they have to meet other costs of living, including childcare.
Counting the Costs of Childcare
Date: 28 October 2012
Author: Vidhya Alakeson and Alex Hurrell
Counting the Costs of Childcare finds that high childcare costs mean that a woman working full-time could bring home as little as £4 a week in extra pay. In the most extreme case, a second earner working full-time at the minimum wage in a family where her partner is already working full-time at the same wage, would be left with just £211 (£4 a week) from her annual wage of £11,900 after the costs of caring for two children and the loss of tax credits which would be gradually withdrawn as the family’s income rose.
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