Markets World Tech USA · World
Markets
Loading…
Live feed

Economy

Chancellor urged to fix £100k childcare ‘cliff edge’ that prompts parents to cut work

Fed-and-SEC desk, TradeNews USA (2026-09-09): John Healey has been urged to fix the £100,000 childcare “cliff edge”, that means some higher-paid employees cut back on work to avoid losing their… Primary source: original at The Guardian (theguardian.com).

· The Guardian

Chancellor urged to fix £100k childcare ‘cliff edge’ that prompts parents to cut work

John Healey has been urged to fix the £100,000 childcare “cliff edge”, that means some higher-paid employees cut back on work to avoid losing their entitlement.

Since the latest expansion of taxpayer-funded childcare in 2024, families with young children in which both parents earn less than £100,000 a year can be entitled to 30 hours a week of care - or none at all, if one of them cross that threshold.

Continue reading...