You are here: Home - Household Bills - News -

Autumn Budget 2021: More help for families

0
Written by: Emma Lunn
27/10/2021
Thousands of families are set to receive extra support as part of a £500m package from the government.

New investment of £302m will fund new programmes to support parents, provide bespoke breast feeding services and parent-infant mental support, and funding to rollout Family Hubs across England.

The centres in 75 different areas will provide a “one stop shop” for support and advice.

There will be an additional investment of £170m in 2024-25 to increase the hourly rate to be paid to early years providers to deliver the government’s free childcare hours.

The Labour party have claimed the package was a smokescreen for the Conservatives’ failure to support families in the past, pointing out the scheme’s similarity to Sure Start centres. Shadow chancellor Rachel Reeves said the scheme was a “pale imitation” of Labour’s policy to invest in Sure Start and offer universal free childcare for all children aged two to four,

Even before the Covid pandemic, the childcare system in England was failing to meet the needs of children, parents and the economy. The cost and unavailability of childcare put household budgets under strain with many women prevented from taking paid work due to childcare issues.

The Women’s Budget Group said that the pandemic and the government’s response exacerbated the crisis in childcare.

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Autumn Statement: Everything you need to know at a glance

Yesterday Chancellor Jeremy Hunt made his first fiscal statement in the role, outlining a range of tax measure...

End of Help to Buy: 10 alternatives for first-time buyers

The deadline for Help to Buy Equity Loan applications passed on 31 October. If you’re a first-time buyer who...

Moving to an energy prepayment meter: Everything you need to know

As households struggle with the soaring cost of energy, tens of thousands of billpayers are expected to move o...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

DIY investors: 10 common mistakes to avoid

For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.

Mortgage down-valuations: Tips to avoid pulling out of a house sale

Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?

Five tips for surviving a bear market mauling

The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...

Money Tips of the Week