Roderic O'Gorman: Parents should not expect 25% cut in childcare fees in Budget 2024

Children's Minister Roderic O'Gorman: 'This year in the area of childcare, we want to continue to cut the cost for parents, but it’s not our sole focus.' File picture: Niall Carson/PA

Parents will not see another 25% cut in the cost of childcare in the upcoming budget, Children’s Minister Roderic O’Gorman has indicated, amid warnings that the sector is facing a tsunami of closures due to spiralling costs.

Mr O’Gorman previously committed to halving childcare fees over two budgets.