Spring Budget 23: Chancellor to expand free childcare provision

Part of the government's push to get people to return to work

Jenna Brown
clock • 1 min read

Chancellor Jeremy Hunt is expected to announce a massive expansion of free childcare in his Budget speech later today as part of the government's drive to get more people into work.

The Guardian and BBC report the plan would see 30 hours of free childcare made available to one and two-year-olds. At present, working parents with three and four-year-olds can get 30 hours of free childcare a week. The BBC also said the hourly rate paid to childcare providers would also rise and local authorities would be given funding to set up wraparound care in schools from September next year. The Treasury declined to comment ahead of the speech. The BBC childcare costs in the UK are "among the highest in the world" and the government has been under pressure to address the i...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

Costly procrastination: Why inheritance tax is becoming a wider UK problem

Costly procrastination: Why inheritance tax is becoming a wider UK problem

'There is a clear disconnect between awareness and follow‑through'

Hugi Clarke
clock 14 May 2026 • 4 min read
Most millionaires would pay higher taxes to support young people – research

Most millionaires would pay higher taxes to support young people – research

79% willing to pay higher taxes

Sophia Panayi
clock 13 May 2026 • 3 min read
IHT thresholds would be £270,000 higher if they rose in line with inflation

IHT thresholds would be £270,000 higher if they rose in line with inflation

Growing interest in onshore bonds

Isabel Baxter
clock 13 May 2026 • 2 min read