A well-established nursery local to me has just closed due to ‘lack of demand’.
This is surprising. We have few nurseries - and the waiting lists are crazy. I’ve been on one for two years.
The nursery was only operating 9-3.45 during term time. Morning and afternoon sessions.
I can’t help but think… is this a realistic business model in an age of both parents needing to work full time to afford nursery?
To afford a house here (in London) requires two good salaries - I’m not sure realistically how many parents could do term-times only / such short days without have to pay twice (for a nanny).
Interested to know if anyone else has seen similar. It surprises me they didn’t just extend their hours to be honest - no shortage of demand for longer hours.