Bloomberg
US · 40 mins ago
✦ 78◉ Centre
UK Tells Regulator to Probe Private Equity Role in Childcare
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Quality 78/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline
The UK Education Secretary has asked the competition regulator to investigate private equity involvement in the government-funded childcare sector as part of efforts to control living costs.
UK Tells Regulator to Probe Private Equity Role in Childcare
Education Secretary Bridget Phillipson urged the UK’s competition regulator to probe the role played by private equity firms in the £9.5 billion ($12.8 billion) government-funded childcare market, as Prime Minister Keir Starmer’s government seeks to bear down on living costs.
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