'Over the next ten years, the Government wants to see a significant increase in the supply of high-quality, affordable childcare that is available at the times when parents need to use it.' This is the first sentence of the Government’s vision for affordable childcare in More Affordable Childcare. Reaction to the document has been interesting and varied with the focus being on the day-to-day impact for the childcare service rather than its overall effect on the childcare market.
For those who are familiar with the life-cycle of markets and the competitive forces operating within them, More Affordable Childcare appears to be a fundamental shift by the Government to deregulate the childcare market.
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