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Wealth Knowledge - March 2017

A family earning the national average spends up to a third of their net income on childcare costs, according to the Institute of Economic Afairs (IEA). The government currently spends over £7 billion on childcare beneits. The IEA claims that government subsidies, such as the free hours entitlement, have distorted prices and made childcare more expensive.

Wealth Knowledge - March 2017.pdf203.31 KB


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