Childcare and Early Years

My hon. Friend is making an excellent speech, and I agree with him entirely about the progress that has been made in this area by successive Governments. Indeed, I have outstanding examples of early care in my constituency, such as ABC Rainbow Nursery, Home From Home Nursery, and Small Friends Day Nursery, to name but a few. Now the evidence is clear—we heard evidence today from the Nobel laureate James Heckman—that every pound invested in early years education delivers a return on that investment of £13 in better grades, better jobs and better mental health. Does my hon. Friend agree that, when we have such an obvious, clear open goal and an opportunity to invest in this country’s future, it is a little concerning to see in today’s estimates that early years funding will increase by only £52 million, which is only 1.4%, and that only £35 million is going into early years schools, which is just 1%? If we are looking at this with a view to investing in our country’s future, we would want that 1.4% to go up as soon as possible, and we hope the Chancellor will be listening to these submissions.