
As we reported in October, children and families minister Will Quince had confirmed that the Government was providing an additional £510m for early years funding over the next three years.
However, it has now been revealed that the yearly funding increases will not be cumulative funding increases – with each rise in funding added to the previous year’s funding levels, as the original announcement suggested – but that instead, the yearly funding amounts represent how funding levels each year will compare to 2021-22 funding levels.
Sector organisations said they were told the details of the funding in a meeting with the newly-appointed children and families minister Quince on 27 October, the day after Chancellor Rishi Sunak's Budget, which he then posted on Twitter.
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