Anyone been hit with a huge nursery price hike?

[Rebecca88R]

I absolutely don't blame my nursery for this - I know costs have been spiralling, it's hard to retain staff, etc...but they announced yesterday that they are putting prices up by £7 per day, per child. I have twins.

I've worked out that this is an additional £3,500 a year for us. This is on top of another increase a couple of years ago as I was due to return from maternity of £5 per day, per child.

This just feels insane. It's still worth me going to work, but there must be a lot of people who aren't so lucky. What a terrible, broken system.

It was always going to happen with the Tories poorly funded 9 month old childcare scheme coming in. Labour has said they will look at the funding rates but that will take time (they have only been in power 2 weeks).

10% last year, 12% this year. I think we're going to have to drop days - we already flex our hours to collect older DC once a week each from school so I think we'll be doing the same with DC 2. Making the change will pay for our family holiday...

ETA - I'm in NI, so no funded hours here, either to mess up the system or to reduce the bill.

Yes, our most recent price rise was about 11% I think. We're extremely lucky that my in-laws do two days a week for us.

What % is your £7 rise?

To be honest, I'm just crossing my fingers they stay open at all given the news you hear about so many places closing, not being able to find staff etc.

Yes our increase works out at 11% too.