£600m underspend on tax-free childcare to return to Treasury

Fury from workers in early years sector as leftover funds reallocated to government

Labour has accused the government of failing to support hard-pressed families after it emerged that a £600m underspend on its tax-free childcare (TFC) scheme is to be returned to the Treasury.

The underspend on the troubled programme was uncovered by Labour analysis of data from the Office for Budget Responsibility (OBR), which showed that spending on TFC is projected to be £600m lower than expected over the next four years.

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from Children | The Guardian https://ift.tt/2DoeHJf