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Would a childcare loan system work?

The Social Market Foundation is launching its proposal for a new national childcare contribution scheme suggesting a new model in which the Government would help parents smooth the cost of childcare over their lifetimes.

Nicola Stanbridge went to meet mums at a childcare centre in South London.

Ian Mulheirn, co-author of the report, says the system would create a "virtuous circle" offering more choice and flexibility for parents wanting to return to work.

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