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I'd guess it's going to depend how many 16-24 year olds they're employing and in what proportion.
If you employ a load of 20 y/o and under then it's a very hefty bump in the wages. If you're employing 25+ then not so much.
It also sounds like the 30 hours of free childcare will be at a lower rate than what you'd get privately.
aggi
Just re-scan-read the manifesto and can't see anything about wages that would force your nursery to pay more either.
Apart from making the living wage £10ph minimum, which is still below the real living wage nationally.