Almost 3,000 parents in Cambridge will be helped under a major childcare package launched today (Tuesday, March 18) and welcomed by the city’s MP, Julian Huppert.
Working families across the city will be given up to £2,000 per child to help with the cost of childcare as part of a scheme to be rolled out in autumn 2015.
The move, announced by Deputy Prime Minister and Liberal Democrat Leader Nick Clegg, will benefit 2,900 Cambridge families providing 20 per cent support of childcare costs up to £10,000 a year for each child. It means a family with two children under 12-years-old could be up to £4,000 better off.
People on Universal Credit will get 85 per cent of childcare costs fully covered.
Julian said: “This is a very welcome boost for families who are working hard to support their families while paying the high cost of childcare.
“We are committed to building a stronger economy and a fairer society and this support for working families will help to put more money back in their pockets.”