Money Box Money Box Live: School Wraparound Care
May 21, 2025
Lydia Hodges, Head of Coram Family and Childcare, and Laura Suter, Director of Personal Finance at AJ Bell, dive into the financial struggles of working parents managing childcare costs. They discuss the launch of free breakfast clubs in 750 schools across England and how this can save parents up to £450 annually. The conversation also highlights the UK's tax-free childcare scheme, support options for special needs care, and the critical role of community networks in easing the childcare burden.
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High Cost of Wraparound Care
- Wraparound care can cost over £80 weekly for childminders and £66 for after-school clubs in Great Britain.
- These costs add up, often costing parents roughly £400 monthly or more during school terms.
Why Wraparound Care Matters
- Wraparound care is crucial because school hours don't match typical working hours with commute.
- It provides a safe place for children before and after school while parents work.
Survey Reveals Typical Costs
- Average weekly costs for wraparound care are around £66, and £81 for childminders in Great Britain.
- These costs reflect a significant financial burden for families during term time.