Cost of childcare more than a mortgage

The Family and Childcare Trust this week published research showing that the average cost of childcare in the UK is now higher than the cost of mortgages for many families. According to the report the cost of childcare has risen 27% since 2009, while wages have remained stable. The trust suggests that this makes childcare increasingly unaffordable, forcing some parents to refrain from returning to the workforce after becoming a parent.