Good news: The government came up with a free childcare scheme for working parents.
Bad news: HMRC was allowed to get involved, local councils won’t pay an economical rate for the service and up to one-third of all nurseries will have to close before they go bust.
It has been suggested that the scam should be renamed ‘subsidized childcare’ with parents required to make up the gap, but that sounds too sensible to be acceptable to the official administrators.
Cynics are saying that it’s all a plot to drive staff out of the childcare sector to fill gaps in the adult care sector.
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