£600m tax-free childcare underspend to be returned to the Treasury

[FSFRebecca]

I am sure that you will have picked this up in the media over the weekend! There has been an underspend in the money allocated to finance the Governments tax-free childcare scheme. Given that the money was already allocated to childcare to pay for provision one might reasonably have assumed that any underspend might usefully be used to address some of the current education funding issues. Sadly not, the money is to be returned to the Treasury. You can read about it here