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Conservatives Pledge to Remove £100,000 Childcare Threshold
The plan would cost about £700 million a year and would be funded by cuts to arm’s-length bodies, party officials said.
- On Saturday, Conservative leader Kemi Badenoch pledged to scrap the £100,000 childcare earnings cap, eliminating the 'cliff edge' that penalizes higher earners for working.
- Under current regulations, families lose 30 hours of free weekly childcare if one parent's income exceeds £100,000, a rule Mrs Badenoch described as 'absurd' and a disincentive to work.
- Party officials estimate the policy will cost £700 million annually, proposing to fund it by reducing headcount at arm's-length bodies such as the Environment Agency to generate £1.6 billion in savings by 2029-30.
- A Labour Party spokesperson criticized the plan as helping higher earners, while Tories argued removing the threshold is 'both pro-family and pro-growth' to boost economic participation.
- Shadow Chancellor Andrew Griffith will present this proposal as a 'first step' in a broader tax reform agenda during his speech at the Conservative Party Conference on Monday.
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Tories Eye End to UK Inheritance Tax and Childcare Cliff Edge
·New York, United States
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Kemi Badenoch to unveil 95-page 'manifesto' in preparation for snap General Election
Kemi Badenoch is set to unveil a 95-page "manifesto" of principles ahead of a potential snap General Election next year.With the Conservative Party Conference on the horizon, Ms Badenoch has produced her own Thatcher-esque book outlining core principles, which, she says, always "come first".She writes: "Policy is critical but it comes last, not first. Principle comes first, then a way of governing, then diagnosis, and then policy."Otherwise, a p…
·London, United Kingdom
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Coverage Details
Total News Sources24
Leaning Left3Leaning Right5Center12Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
15%
C 60%
R 25%
Factuality
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