UK Tories propose £700m childcare expansion for high earners ahead of conference

The UK Conservative Party, led by Kemi Badenoch, has proposed extending free childcare to households earning over £100,000, aiming to remove the current 'cliff edge' that discourages additional work. The £700m plan, announced ahead of the party conference, follows a prior proposal to abolish most stamp duty, both benefiting wealthier voters. This signals a pre-election policy shift toward tax-and-benefit changes favoring higher earners, though the fiscal impact and electoral effect remain uncertain.