Childcare Plan will Mean Big Changes for British Working Parents

Good news for British working parents: Shadow chancellor Ed Balls has announced a new policy that will offer working parents 25 hours a week free childcare for children aged three and four in an effort to ease the childcare burden for families.

Given the ‘cost of living crisis’ that most households experience, the new reformative plan aims to provide working parents with the opportunity to stay at home with their children and balance work and family life as their children grow up.

Notably, the plan will:

- Increase the number of hours of free childcare for three and four-year-olds from 15 to 20 hours a week.

- Help 400,000 families save £1,500-a-year by 2020.

- Enable parents to work part-time without having to worry about the costs of childcare.

- Involve an increase the bank levy rate to raise an extra £800m, an amount which will be used to sustain the childcare plan and support working parents.

Apparently, the Labour leader’s manifesto recognizes childcare as an integral part of the economic infrastructure and highly values family as an Institution. I also speculate that it places emphasis on the proper upbringing of children considering that the new measures strive to support families by making working conditions even more flexible for working parents.

The cost of childcare in today's unfavorable economic conditions has become a real challenged for working parents, so it is evident that the proposed policy of 25 hours free childcare per week will be welcomed by working parents across the UK. However, will this subsidy really make that much of a difference to full time workers? And what about those struggling parents who work full time but have children under 3 years of age? 

Of course, since parents will be economically eased by this plan, I expect that the quality of their children’s childcare will be enhanced too. Hopefully, this plan will create the proper conditions for safer and securer childcare arrangements that will help working parents return to work without any worries about the well-being of their children.

What do you think of the new plan? Will it be effective enough?