Manifestos – Day 2

David Cameron has made a “commitment” promising 30 hours of free childcare a week. He says it is worth £5000 a year.

Let us examine this more closely.

Assumption: Parents have 5 weeks holiday and there are 8 bank holidays. Lets call that 33 days or 6.6 weeks.

That leaves 45.4 weeks of childcare

£5000 over 45.4 weeks = £110.13 a week

£110.13 a week for 30 hours a week = £3.67 an hour

Now I don’t know what the going rate for childcare is, but that doesn’t sound like enough to me.

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