British working parents spend almost a quarter of their income on childcare

© Provided by The Independent

Working parents in the UK spend nearly a quarter of their income on full-time childcare, more than double the average for western economies, a think tank has said.

The Social Market Foundation (SMF) recommended that the British government increase the availability and affordability of childcare in order to address potential economic decline due to a “baby shortage”.

In a briefing paper, the cross-party think tank said birth rates in Britain are in decline, with the total fertility rate (TFR) in 2020 nearly halved compared to the post-World War Two peak.

The number of children a woman has in England and Wales stood at 1.58 in 2020, compared to 2.93 at the peak. The decline is even more pronounced in Scotland, where the TFR is 1.29.

The declining birth rate, coupled with the country’s ageing population, could lead to “long-term economic stagnation” and economic decline, said the report.

The report pointed towards a 2016 study that analysed the parental happiness gap and policies that make it easier to work. The study, published in the American Journal of Sociology, found that in countries with more “family-friendly” policies, parents were “as happy – if not happier – than non-parents”.

“Public subsidies for childcare had the biggest effect on parental happiness, with parents also substantially better off under regimes with more generous leave and holiday entitlements,” wrote the authors.

According to the study, the UK has one of the largest parental happiness gaps, behind only Ireland, Greece and the USA.

It comes after a survey, produced by more than a dozen parenting organisations, found that 96 per cent of working parents believed ministers were not doing enough to support parents with the cost and availability of childcare.

The survey, which involved more than 20,000 working parents, found that 97 per cent said childcare in the UK was too expensive.

Data from the Organisation for Economic Co-operation and Development (OECD) shows that the UK has the third most expensive childcare system in the world, with full-time childcare costing £12,376 a year on average.

It is estimated that a dual-earner household would have to spend 22 per cent of their income on full-time childcare.

“That might mean that there is more scope for the government to influence birth rates through childcare policy in the UK than in other parts of the world starting from a better position on childcare costs,” said the SMF report.

It recommended the creation of a cross-departmental taskforce to ensure ministers take into account the impact of policies on population growth in light of the declining birthrate.

Dr Aveek Bhattarcharya, chief economist at the SMF, said: “The question of whether the government should intervene to try to increase the birthrate is clearly a sensitive topic that must be delicately handled.

“However, given the alarming fall in fertility rates, and the risks that population ageing poses to our social and economic wellbeing, it is a discussion we should not duck.”

Read More

‘It’s hard every day’: Caroline Flack’s mum makes emotional speech

Folic acid is to be added to flour: What exactly is it and why is it important?

Everything you need to know about organ donation

I’m miserable and everything feels pointless. What do I do?

Struggling with IBS? TV’s Dr Dawn Harper wants you to know you’re not alone

Countryfile’s John Craven on the joys of nature, relaxing in his garden, and how hearing aids changed his life

Internet Explorer Channel Network
News Related

OTHER NEWS

L&T Finance Holdings sheds almost 5% after dip in Q2 profit

NEW DELHI: Shares of L&T Finance Holdings dropped almost 5 per cent in early Mumbai trading Thursday as the non-banking financial company reported a fall of 10 per cent in ... Read more »

The Queen dragged into firearm row triggered by French far-Right pundit Eric Zemmour

A picture of Queen Elizabeth II firing the SA-80 rifle at Bisley from 1993 – Daily Mail French far-Right pundit and likely presidential contender Eric Zemmour has dragged the Queen ... Read more »

Parts of northern China brace for more COVID-19 lockdowns and curbs

Medical worker collects a swab from a resident at a nucleic acid testing site in Lanzhou BEIJING (Reuters) – Parts of northern China are bracing for more COVID-19 curbs as ... Read more »

Eddie Obeid jailed, then immediately given bail, over mine conspiracy

© Provided by ABC NEWS Eddie Obeid, Ian Macdonald and Moses Obeid were found guilty of conspiring over a coal licence.  (Supplied) Former Labor minister Eddie Obeid was jailed over a ... Read more »

Karen's Diner opens in Sydney with rude waitresses and bad service

© Provided by Daily Mail MailOnline logo Customers can expect a dining experience like never before at a new pop-up restaurant called ‘Karen’s Diner’ – complete with rude waitresses and a bad ... Read more »

15 of the best pool days to experience in Dubai in 2021

© Motivate Publishing Fairmont The Palm There’s nothing like a relaxing day by the pool or the beach to unwind with friends, family, or even alone. From redeemable food and ... Read more »

Takht not shelved, Karan Johar says will get on it after Rocky Aur Rani Ki Prem Kahani

Karan Johar revealed he will be working on Takht soon. If you too have been eagerly waiting for an update on Karan Johar’s Takht that was announced in 2019, there ... Read more »

Let cops probe Sajat's sexual harassment claims, says Jais

© Provided by Free Malaysia Today Screenshots from a video show Nur Sajat crying in distress when she was detained by Jais officers in January this year. PETALING JAYA: The ... Read more »

Penang tourist attractions record over 27,000 visitors last week after interstate travel resumes

© Provided by Malay Mail State exco for Tourism, Arts, Culture and Heritage Yeoh Soon Hin (right) speaks to Penang Deputy Chief Police Datuk Fisol Salleh (left) at Angsana Hotel ... Read more »

All changes coming to League's 2022 preseason

© Provided by Dot Esports New items, dragons, and more surprising changes are coming to League of Legends in 2022. Starting in November with the preseason, Riot will be testing ... Read more »

Zuma set to reveal details of criminal complaint against Downer on Thursday

© AFP FILE: Former South African President Jacob Zuma stands in the dock during the recess of his corruption trial at the Pietermaritzburg High Court in Pietermaritzburg, South Africa, on ... Read more »

Noida DM Suhas LY says winning Tokyo Paralympics 2020 medal was 'God's answer' to him for sticking with badminton

© Provided by Zee News Noida District Magistrate (DM) Suhas Lalinakare Yathiraj, who is currently World no. 2 in men’s singles and silver medallist in SL-4 category in Tokyo Paralympics ... Read more »

T20 World Cup 2021: Jason Roy believes coming from IPL 2021 to World Cup is BIG advantage

© Provided by Zee News England opener Jason Roy is one of the few cricketers from his country apart from Moeen Ali and Chris Jordan, who are coming into the ... Read more »

Why Hibs can benefit from reverting to 3-5-2 formation against Aberdeen - and who could feature

Of the players that started that game Christian Doidge is out injured and Jackson Irvine and Ofir Marciano are no longer at the club. However, Ross has players capable of ... Read more »

How confidence boost led to Abdull's England call

Jordan Abdull has always been a player who relies on his instincts, but the confidence gained under Hull Kingston Rovers head coach Tony Smith has helped propel him to international ... Read more »

‘Disgrace', ‘Absolutely clueless' – Many Cardiff City fans react to recent events v Fulham

© Provided by Football League World Championship – Swansea City v Cardiff City Many Cardiff City fans have taken to Twitter to react to their side’s 2-0 away defeat to ... Read more »

Cristiano Ronaldo perfectly responds to Lionel Messi's warning sent just 24 hours earlier

Cristiano Ronaldo was the star of the show once again for Manchester United after scoring the winner in their comeback victory over Atalanta on Wednesday night. United were booed off ... Read more »

Hibs hopeful of having Kyle Magennis and Paul McGinn available for Aberdeen trip

The duo missed last weekend’s 3-0 defeat by Dundee United through injury with Easter Road head coach Jack Ross confirming that the fixture had ‘come too soon’ for Magennis. © ... Read more »

Frail Bill Clinton releases video message as he recovers from sepsis: ‘I'll be around a lot longer'

A visibly-frail Bill Clinton shared an update about his recovery on Wednesday and said he will be around “for a lot longer,” after being hospitalised in southern California last week ... Read more »

‘Verstappen challenge like nothing Hamilton has faced'

Christian Horner believes Lewis Hamilton has never faced a challenge like the one he’s had from Max Verstappen this season. © PA Images Lewis Hamilton and Max Verstappen celebrating on ... Read more »

Pernod Ricard Q1 sales beat forecasts with strong demand in China and U.S.

PARIS (Reuters) – French spirits maker Pernod Ricard said it expected good sales growth to continue through its 2022 fiscal year, although it could moderate a touch, after strong demand ... Read more »

Soccer-Emotional Kim sets sights on bringing Asian title back to South Korea

By Michael Church © Reuters/KIM HONG-JI AFC Champions League – Semi Final – Ulsan Hyundai v Pohang Steelers (Reuters) – Pohang Steelers coach Kim Gi-dong is relishing the long-awaited opportunity ... Read more »

Rep. Cori Bush Says Rahm Emanuel Confirmation Hearing Shows 'Disregard for Black Lives'

Missouri Congresswoman Cori Bush has called out the U.S. Senate for holding the committee confirmation hearing of Rahm Emanuel on the anniversary of Laquan McDonald’s death, who was murdered during ... Read more »

The Astros needed one good start. Framber Valdez gave them a great one in ALCS Game 5

BOSTON – On January 14, 1940, the New York Times published an article under the headline “Sisu: A Word that Explains Finland.” It was the middle of World War II. The Finns ... Read more »

DOH: Lowering of NCR alert level possible in the coming weeks amid decline in COVID-19 numbers

Health Usec. Maria Rosario Vergeire at April 5, 2021 briefing. Screencap from DOH FB video The National Capital Region may soon be “deescalated” from Alert Level 3 if COVID-19 numbers ... Read more »

Radio industry call for government protection from smart assistants

Photograph: Alamy Could Alexa kill the radio star? The government is considering introducing legislation to ensure that Amazon and other tech companies do not abuse their growing power over UK ... Read more »

Uttarakhand: At least 46 killed in floods in northern India

India Floods (ASSOCIATED PRESS) At least 46 people have died and several are missing after floods triggered by heavy rains hit the northern Indian state of Uttarakhand officials said Wednesday. ... Read more »

Drug dealer made a threat to ‘burn gardaí out and kill them'

A DRUG dealer threatened gardaí that he knew their home addresses and he would “burn them out and kill them”, a court heard. Arvydas Steponkus (24) also admitted multiple drug ... Read more »

Florida porn star sentenced in death of man found in shallow grave

Lauren Wambles was sentenced to 10 years in prison for her role in the 2020 death of Raul Guillen. Houston County Jail A former porn star was sentenced Wednesday to ... Read more »

Eddie Obeid, his son Moses, and Ian Macdonald jailed over mine licence conspiracy

© Provided by ABC NEWS Eddie Obeid, Ian Macdonald and Moses Obeid were found guilty of conspiring over a coal licence.  (Supplied) Former New South Wales Labor ministers Eddie Obeid ... Read more »

Disturbing video shows how ‘ghost' takes off dog's collar while tormenting family every day

A WOMAN'S video has gone viral after she caught the disturbing moment a “ghost” allegedly took off her dog's collar. The TikTok user, who goes by the name of Shanny ... Read more »

Sindiket dadah tumpas, suami isteri ditahan

© Provided by Sinar Harian KULIM – Sepasang suami isteri diberkas bersama dadah jenis heroin seberat 207 gram dan syabu seberat 7 gram sekali gus polis menumpaskan kegiatan itu, pada ... Read more »

Buruh dijel 10 tahun, 10 sebatan miliki dadah

© Provided by Sinar Harian KUALA TERENGGANU – Perbuatan seorang buruh memiliki dadah jenis methamphetamine dua tahun lalu membawa padah apabila dijatuhi hukuman penjara 10 tahun dan 10 sebatan oleh ... Read more »

Grab enhances GrabPay with new privacy and security features to make your online payments safer

This post is brought to you by Grab. Grab has recently introduced new safety and security features for their in-app eWallet, GrabPay. The new features will let users perform real-time ... Read more »

Kourtney Kardashian posts never-before-seen photos from ‘dream' engagement to Travis Barker as fans think she's pregnant

KOURTNEY Kardashian is still on Cloud 9 after her “dream” engagement to Travis Barker, and has the photos to prove it. The 42-year-old reality star posted a plethora of new ... Read more »

Goa wants rich tourists, not ones who cook food on a bus: State Tourism Minister

© Provided by Business Today Goa wants rich tourists, not ones who cook food on a bus: State Tourism Minister When asked about the post-pandemic revival of the tourism industry ... Read more »

Watch CNBC's Sustainable Future Forum Asia: Money & Investing

[The stream is slated to start at 2 a.m. ET. Please refresh the page if you do not see a player above at that time.] Click on the stream above ... Read more »

Soldier from Madhya Pradesh killed in Kashmir on his birthday

© Provided by Hindustan Times Jammu and Kashmir: Indian Army personnel Karnveer Singh Rajpoot was martyred in an encounter with terrorists in Shopian district of Kashmir on Wednesday on his ... Read more »

Former NSW Labor powerbroker Eddie Obeid sentenced to seven years in jail

One of NSW’s most notorious politicians, the former Labor powerbroker Eddie Obeid, 77, has been sentenced to seven years in jail, while his co-conspirator, the former NSW minerals minister Ian ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic