National Insurance rise will impact nursery costs

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National Insurance rise will impact nursery costs
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Asked if raising employers’ NI rate would worsen a funding gap, Jess Phillips replies 'undoubtedly'.

Raising the National Insurance rate for employers will impact the cost of childcare, Home Office minister Jess Phillips has said.funding shortfalls in nurseries had fallen on parents since her own children went nearly 20 years ago.

“There is no easy way to raise the kind of money that our public services desperately need," Phillips said. The minister added: “The secretary of state for education will be looking across the piece at exactly where the money that she has been allocated will be prioritised.” Challenged by Conservatives in the Commons earlier this month to fund the rise, Education Secretary Bridget Phillipson said: "We will set out more detail on funding rates in due course."

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