Soaring childcare and transport costs 'affecting families'

  • Childcare: minimum costs have risen by nearly a third. In 2008, child minders outside London charged on average £2.70 an hour; now they charge £3.50. Childcare is families single biggest weekly outgoing.
  • Transport: bus travel has doubled in price since the late 1990s which, combined with cuts to public transport, means families with children now deem a car as an essential for the first time.
  • Tax credits: cuts to tax credits have increased earning requirements substantially, more than cancelling out the benefit of higher income tax thresholds.


Rising costs 'blow to families'

Families have been hit by soaring transport and childcare costs, leaving them with a 'monumental' task of trying to earn enough to get by, according to a new report.