Childcare is now so expensive that more families are better off if one parent gives up work to care for the children the report found.
A part-time toddler place at nursery over 30% with parents now forced to pay an average of £6,000 a year in order to work – £1,533 more than in 2010.
“The reality is that for too many families it simply does not pay to work,” concluded the Family and Childcare Trust in their annual Childcare Costs Survey 2015 and the situation is getting worse not better.
This is the situation Cath Harrop found herself in in 2011. 'I returned to work after maternity leave with my second son but my wages only covered the cost of childcare. It was commuting an hour each way and working night shifts as well and the whole thing was pointless as I earnt nothing after paying for childcare.' Having started a small business whilst on maternity leave Harrop decided to take a career break and develop mum2mum market instead. 'I persuaded my husband that even if I earnt nothing we wouldn't be any worse off than I was working as a doctor!
Soon after I was approached by other women in similar situations who asked me to help them set up their own mum2mum market events and we now have an award winning network of franchises right across the UK.'
Mum2mum market works as a flexible business with no need for childcare. The main work is marketing the events and everything can either be fitted around the children, or done with them. Our franchisees set their own hours and decide when and where to work.
For more information on starting a flexible, family friendly franchise visit www.franchisebusinessformums.co.uk