Labour launch childcare plan that reduces costs to €2 an hour

Labour have pledged to make the maximum cost of childcare just €80 euro a week by 2021.

Labour have pledged to make the maximum cost of childcare just €80 a week by 2021.

They have launched their childcare policy which would reduce the childcare cost to €2 an hour in the lifetime of the next government.

This is a dramatic cut from the current cost of creches which is an average of €4.25.

This would be done in stages - with costs being capped at €170 a week by 2017.

Labour say they also plan to increase paid parental leave by three months, which would be split between both parents.