As part of the Labour Party's first budget since winning power, Chancellor of the Exchequer Rachel Reeves affirms measures to safeguard early childhood priority.

She says that improving opportunities for our children and young people will be a key feature of the forthcoming Autumn Budget 2024.

With an additional GBP15 million in capital money set aside to build school-based nurseries, GBP1.8 billion has also been approved to support the expansion of government-funded childcare, aiding in the roll-out through local authorities. The initiative's first phase will assist up to 300 new or expanded nurseries around England, to create spaces in regions with the highest need. Primary schools can now apply for up to GBP150,000.

The government's declared dedication to education and removing obstacles to opportunity for all children is reflected in the investment in restoring school buildings, breakfast clubs, children's social care, early childhood education, and childcare.

"This budget is about fixing the foundations of the country, so there can be no better place to start than the life chances of our children and young people," stated Bridget Phillipson, secretary of state for education.

"Whether it's excellent early childhood education, free breakfast clubs, or high and rising standards in our schools, this government is putting education back at the forefront of national life. We are determined to break down those barriers to opportunity."

"Looking beyond the Budget, therefore, it's critical that the government works closely with the sector to develop a clear, long-term strategy for the early years - one that ensures that every child is given the best possible start in life - and, crucially, puts in place the significant investment needed to make this ambition a reality. "As part of the Labour Party's first budget since winning power, Chancellor of the Exchequer Rachel Reeves affirms measures to safeguard early childhood priority.