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Rise in number of childcare providers losing money

More nurseries made a loss last year than in the previous ten years, according to a Government-commissioned survey.

The annual Childcare and Early Years Providers survey found that full daycare and sessional providers had the highest loss-making levels since the survey began in 2001.

Full daycare and sessional providers showed an increase in the proportion of settings operating at a loss, up from 13 per cent in 2009 to 19 per cent in 2010 for full daycare, and up from 15 per cent to 20 per cent for sessional care.

The Department for Education commissioned TNS-BMRB to carry out the survey, which is based on telephone interviews with providers between September and December 2010.

The survey also found that compared with 2009, settings in deprived areas are finding it harder to cope financially than those in other parts of the country.

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