Childcare facilities face going 'insolvent' due to lack of Government support

Currently, childcare providers who accept core funding cannot increase existing prices beyond a strict limit of €33.30 per week. File picture

Creches face going "insolvent" if the Government fails to provide sufficient funding to providers, it has been warned.

Federation of Early Childhood Providers (FECP) chairwoman Elaine Dunne said many more creches and playschools would depart from the core funding model if changes are not made.