The costs of childcare after housing costs

Description:

It is well known that the UK has some of the most expensive childcare in the OECD, accounting for a third of household income in some cases. New analysis published by the Resolution Foundation shows that the picture is even bleaker for families than we generally assume. The analysis looks at the costs of childcare after families have paid for housing which is a more accurate reflection of the disposable income they have to meet other costs of living, including childcare.