Speaking at the party’s annual conference today, shadow chancellor Ed Balls announced plans to give working parents of three and four year olds 25 hours free childcare a week if Labour wins the next general election.
The additional hours available to households where all adults are in work, including single parent and couple households, would be funded through an increase in the bank levy.
Households not eligible for the 25 hours of free childcare would still be entitled to the 15 hours.
Mr Balls said that the additional hours would help families struggling with the cost of ‘living crisis’ and mean parents who want to work part-time would be able to do so without having to worry abut the cost of childcare.
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