YMCA warns latest Early Years National Funding Formula and continued underfunding puts settings and family support at risk
A report released today by YMCA revealed that the Early Years Funding Formula (EYNFF)* 2023/24 falls far short of the support needed for providers to deliver the Government’s free childcare scheme, as inflation and National Living Wage effectively outstrip any increase across England. YMCA found that the funding rate for three and four-year-old early…