The Machine - How UK Childcare Actually Works
You have a child. You need to work. So you need childcare. And you look at nurseries. In your area. And you see the fees. One thousand two hundred pounds per month. One thousand five hundred. More, in London. For full-time care. For one child. That is fifteen thousand pounds per year. Eighteen thousand. More than university tuition. More than many people earn. After tax.
And you think: how can this be? How can it cost so much? The staff are not highly paid. You know this. Nursery workers earn minimum wage. Or barely above. Eleven pounds per hour. Twelve. So if the staff are paid so little, where is the money going? Who is profiting? And why, despite paying so much, is there a waiting list? Why can you not find a place? Why is supply so constrained?