Leading economists have urged the Government to consider universal childcare for all children aged nought to four in the UK.
In a report, Universal childcare provision in the UK - Towards a cost-benefit analysis, economists at PriceWaterhouseCoopers, the world's largest professional services organisation, said such universal provision would require the creation of about 1.5 million new full-time places in day nurseries or with childminders or other care providers. The report said the immediate economic benefit would be to create around 700,000 new jobs for women, with around half of these jobs in the childcare sector, and extend provision to the levels in Sweden and Denmark.
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