The Old Station Nursery's Henley-on-Thames setting will reduce the cost of childcare from April, which could mean a saving for parents with a child on a part-time place of up to 2,730 a year.

The nursery made the decision to cut its fees in a bid to increase numbers and help out those parents who are struggling to cope with higher living costs.

The Henley setting is the latest addition to the Old Station Nursery group, acquired in January this year. It had previously operated as the Orchard Farm Day Nursery for more than eight years.

At the moment there is a flat rate of £59.50 for all ages (from babies upwards) for a full day, or £37.50 for a half day session.

The setting will now introduce a scaling system to reflect the fact that looking after older children is slightly cheaper because of the lower staff ratios needed. Full day sessions for babies to three years old will be cut by £2.50, and half day sessions will be cut by £8.50. The rate for children between the ages of three to five will drop by £4.50 for a full day to £55, while a half day will be been reduced by £10.50 to £27.

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