For the second Parentdex, comparethemarket.com once again polled parents across the nation on their attitudes towards childcare. Quite clearly, it’s an issue that continues to raise several concerns and questions, especially as it puts an ever-increasing strain on the household budget.
Unsurprisingly, its exclusive insight has revealed that childcare continues to be an issue for many . Not only do parents want to ensure that their children are looked after by people they trust, but the research has also shown that many parents are increasingly worried about the impact the growing financial cost of childcare will have on their household budget.
This is perhaps understandable, especially with Compare The Market’s research revealing that many parents spend an average of £85.90 a week on childcare – equating to almost £4,500 a year, and a sixth of the average salary.
With financial concerns so front of mind, it’s unsurprising that so many parents now turn to their own parents for childcare support. Indeed, the research found that Grandparents are now the most used form of childcare in the UK; nearly three in 10 of you who use childcare said that Grandparents were your most preferred form of babysitter – ahead of both nursery (21%) and after-school clubs (14%).