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Majority of nurseries in Wales expect to make a loss or break even - survey

A quarter of nurseries in Wales expect to make a loss in the coming year, reveals new research.
The NDNA Cymru survey highlights the scale of underfunding of Wales' Childcare Offer, PHOTO: Adobe Stock
The NDNA Cymru survey highlights the scale of underfunding of Wales' Childcare Offer, PHOTO: Adobe Stock

The National Day Nurseries Association (NDNA) Cymru survey, which ran from 13 January to 13 February, received responses from 73 nurseries across Wales. Of these, 39 were single sites.

The vast majority of respondents, 88 per cent, said they either expect to make a loss or break even. A total of 90 per cent said this is because their funding rate for the Childcare Offer for Wales of £5 per hour, per child is not enough to cover their delivery costs.  This is up from 69 per cent saying the funding rate isn’t enough in September 2021.

The Childcare Offer for Wales is made up of a minimum of 10 hours of early education a week and a maximum of 20 hours a week of childcare.

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