Money Clinic with Claer Barrett cover image

What will the UK election mean for your money?

Money Clinic with Claer Barrett

NOTE

Child Benefit and Childcare Policies Insight

Child benefit is intended to help with day-to-day parenting costs and not specifically for childcare. The front loading of child benefit may disproportionately benefit younger children over teenagers who also have significant needs. Childcare is seen as a critical infrastructure issue that impacts the economy, and different political parties have varying emphasis on childcare policies, with the Tory party aiming to get mothers back into the workforce and the labor plans focusing on under-fives for better lifetime outcomes.

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