article_snippet.sent: In a speech on the economy, David Cameron will say the expense of nurseries and childminders has become a major barrier to employment.
article_snippet.sent: For many second earners, work didn’t pay because the cost of childcare was so high.
article_snippet.sent: In the next Parliament we will double that for three- and four-year-olds.
article_snippet.sent: all by 2017.David Cameron David Cameron will also argue ‘that true compassion isn’t giving people a benefits cheque
article_snippet.sent: The Conservatives inherited a ‘shocking situation’ where ‘some of the poorest people faced some of the highest marginal rates of taxation’ and couples ‘were spending as much on childcare as one of couples took home in earnings’.
article_snippet.sent: We, the Conservative Party, have been using all the tools at our disposal – the tax and benefit system; childcare and the minimum wage, to turn that around.
article_snippet.sent: Since we came to power – since we’ve got more people working than in we history
article_snippet.sent: The new 30 hours entitlement will cost just under £350 million a year.