Cash flow threat to private nurseries

By Simon Vevers, Nursery World, 24 March 2004

Private daycare providers could face a cash-flow crisis and a threat to their viability under a new code of practice covering the provision of free nursery places to three- and four-year-olds that the Government is introducing from next week.

Private daycare providers could face a cash-flow crisis and a threat to their viability under a new code of practice covering the provision of free nursery places to three- and four-year-olds that the Government is introducing from next week. Until now it has been customary for providers to receive money from parents to cover the cost of a place...

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