Koru Kids’ Nanny Share scheme means that two families can join forces to have one registered nanny look after both sets of children.

As well as slashing the bill, it comes with a host of other benefits such as providing playmates and ensuring the nanny is better paid.

Rachel Carrell, founder and CEO of Koru Kids, said: “Being a working parent is one big juggling act – it often feels like the wheels are going to fall off the bus any minute.

“Many families are suffering because of the underfunded childcare system, employers not offering adequate support and the struggle to find reliable, consistent childcare.

“Every day, mums and dads are just one phone call away from a sudden childcare crisis and it simply isn’t good enough.

“They need a quality, part-time service they can pay for by the hour.”

The Koru Kids Nanny Share scheme means the cost of after-school childcare is cut to £7.50 an hour, making it more affordable for hard-working parents.

Rachel added: “Getting a nanny brings the calm and equilibrium parents crave.

“It also means parents can give 100% to their job until the end of the working day, while knowing their children have been safely collected from school, had help with their homework and enjoyed a home cooked meal.

“So when parents arrive home it means they can have quality time with your children, instead of having to work through a long list of chores.”

Koru Kids has seen a boom in business since the lifting of lockdown restrictions earlier this year.

It has 16,000 certified nannies on its database and is on a mission to recruit 30,000 more across the UK to meet soaring demand from under-pressure parents.

The company – established in 2016 when Rachel experienced the difficulty of arranging childcare after welcoming her first child – vets potential nannies and takes care of all contracts, admin and payments.

Its all-inclusive hourly rate covers nannies’ pay, taxes, DBS, insurance and holiday pay.

Rachel added: “Most nanny shares happen between friends, neighbours or with schoolmates of your children.

“Even if you’re not immediately aware of another family who would be willing to share the cost of wraparound childcare, it’s likely there is someone in your social circle who is in the same boat.

“A school WhatsApp group or a local parenting Facebook group would be good places to start.

“We also provide a service that helps you link up with other families, which takes any worry away.”

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