Inflation busting price rise

[fliptipfred]

I got home today to find an evasive letter from my son's nursery. The just of it is that 2014's price rise will be 4.2%.

I shan't name and shame them but they are down there on a similar level to the energy and train companies.

[TheScience]

Is minimum wage about to increase? If they pay all their staff at minimum wage then possibly their staffing costs are going to rise sharply.

[HSMMaCM]

Their 3 yr old funding has probably been cut, so they have to make up the money somewhere else?

[TiggyCBE]

I saw an advert for a nursery job the other day. Level 2 qualification minimum. £13,000 per year. If the 4.2% goes on to staff wage increases they will be getting £13,546 per year. A massive overpayment for the people who will be looking after the most precious thing in your life.

[NickNacks]

I put up my cm prices last year by 5% from £40 to £42. I include everything except nappies and make £21 profit per child per day. So shoot me.

[Chasdingle]

minimum wage is recommended to go up by more than inflation this year at 3% see here www.bbc.co.uk/news/business-26355725

[Chasdingle]

Also auto enrollment for pensions is now coming in so they will have to start paying pension for all employees which will increase their costs further.

[GarthsUncle]

Can you find a cheaper alternative locally?