Two thirds of London’s nurseries risk closure following coronavirus (COVID-19)

Two thirds of London’s nurseries risk closure following coronavirus (COVID-19)

The Early Years Alliance and Ceeda have published a report which shows that childcare providers in London will struggle to survive 2021 following coronavirus (COVID-19). The report was commissioned by the Mayor of London, Sadiq Khan and explains that 65% of nurseries and 56% of childminders believe their services are at ‘immediate risk of closure’ or will face potential closure in the next 12 months. Additionally, 70% of nurseries in disadvantaged areas in London consider themselves to be ‘struggling’ compared to 59% in more affluent areas.

In response to the report, the Mayor has urged Ministers to address a ‘funding shortfall’ which has caused the closure of over 100,000 early years providers. A key reason for the challenges encountered is inadequate funding levels which was exacerbated by the pandemic. According to Khan, childcare providers are essential in the support of working parents and will play a vital role in supporting London’s economic recovery.

The report can be viewed here.

Source: Two thirds of London’s nurseries risk closure within the year

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