Childcare costs have increased seven times more than wages since 2008 in the UK. The average salary in the UK is £32k whereas the average annual childcare costs for a household amount up to £14k. Parents can no longer afford the expensive childcare and as result, the birth of a child often means that one of the parents will stay at home to take care of their little one. Little Steps Financing addresses the issue of childcare unaffordability by making available to parents interest-free financing tailored for their childcare needs.
Panagiotis Kykopoulos & John Frangis