Welcome to Money Diaries where we are tackling the ever-present taboo that is money. We’re asking real people how they spend their hard-earned money during a seven-day period — and we’re tracking every last dollar.

F1 commentator Jack Nicholls has lost his job at BBC Radio 5 Live after complaints of “inappropriate touching” which led to his dismissal from his lead commentator role with Formula E. An investigation was launched by Formula E after a formal complaint of inappropriate behaviour in March and allegations of “inappropriate touching” were made by three individuals, one of whom had been in a relationship with the commentator. Now Nicholls, who combined his role with Formula E alongside commentating on F1 races for 5 Live, has also lost his job with IMG, who provide radio F1 coverage for the BBC. An IMG spokesperson confirmed to The Independent on Friday: “IMG has decided to part ways with Jack Nicholls in light of the incidents that led to his departure from Formula E.” After losing his job at Formula E at the end of May, Nicholls said: “Although disappointed with the decision, I respect it and accept why it was taken. “I want to take full responsibility for what I did and apologise unreservedly for a couple of isolated incidents that has made those concerned feel uncomfortable. “I never meant any harm and I am committed to making amends and to be more mindful of my behaviour in future.” Nicholls’ voice is synonymous with Formula E with his “and we go green…” intro to races well-known to fans since the championship began in 2014. But since the investigation, Nicholls had commentated on FE races remotely from a base in London, with Ben Edwards replacing him for the double-header in Jakarta two weeks ago and for the remaining five races of this season. Nicholls combined this role with F1 commentary for the BBC, a job he has performed since 2016, but he stepped aside from scheduled appearances at the Monaco Grand Prix three weeks ago after the Formula E investigation had concluded. The commentator has also appeared on Netflix’s popular behind-the-scenes F1 show Drive to Survive. Rosanna Tennant, Harry Benjamin and Oliver Askew will be the team on hand providing BBC’s radio coverage of the Canadian Grand Prix this weekend. Read More Sky suspend F1 pundits after sexist comments live on air Ferrari’s F1 flaws all the more baffling after shock success at Le Mans Sergio Perez ‘under threat’ at Red Bull with young star tipped to replace him Ferrari’s F1 flaws all the more baffling after shock success at Le Mans Mercedes chief predicts performance level at Canadian Grand Prix

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Fewer than a quarter of local authorities in England have enough holiday childcare provision for parents working full-time and costs have risen across Great Britain since last year, new research has found. Six weeks of summer childcare for each school-age child could cost almost £1,000, according to the Coram Family and Childcare charity’s annual survey. It said families in Great Britain face costs of £943 per child for this holiday period, which is £538 more than they would pay for after-school childcare in six weeks of term time. The research, based on surveys from local authorities in England, Scotland and Wales between April and June, found that the cost of holiday childcare has risen 3% since 2022. A place at a holiday club now costs an average of £157 per week – 2.3 times higher than the cost of an after-school club during term time, the charity said. Wales has the highest weekly price at £168, followed by Scotland at £157 and England at £156. While costs have risen, availability has decreased, according to the charity, with just 24% of local authorities in England saying they have enough holiday childcare for parents working full-time, down 2% on last year. Provision for eight to 11 year-olds has dropped by 7% on last year, with 23% of local authorities saying they have enough for this age group. The high of cost of holiday childcare is going to put a further strain on families’ already stretched budgets Megan Jarvie, Coram Availability of holiday childcare for disabled children in England has also continued to fall, Coram said, with just 5% of local authorities reporting they have enough to meet local demand, down from 7% in 2022. In Scotland, there has also been a drop in the proportion of local authorities reporting sufficient childcare – down 15% for 12 to 14 year olds, down 14% for children living in rural areas, down 12% for parents working full time and down 11% for eight to 11 year olds. No local authorities in Scotland reported having enough holiday childcare in all areas for disabled children, working parents, parents working atypical hours or children in rural areas. While Wales also has low levels of sufficient childcare for disabled children (5%) and 12 to 14 year olds (5%), the proportion of local authorities reporting sufficient childcare in all areas across all categories of holiday childcare, except parents working atypical hours and children in rural areas, has risen. Local authorities in Wales report the highest level of sufficiency of holiday childcare in all areas for parents working full time (18%), followed by four to seven year-olds and eight to 11 year-olds at 14%. Costs and availability of holiday childcare varies depending on where families live, the charity said, stating that parents in inner London pay up to 25% more than those in the East of England – £177 per week compared to £142. In the East Midlands, some holiday childcare places cost 104% more than the national average, while others are 58% less, Coram said. The charity is calling on the Government to extend childcare funding announced in the Spring Statement to include support during school holidays. Megan Jarvie, from Coram, said: “The high of cost of holiday childcare is going to put a further strain on families’ already stretched budgets. Even if families are able to afford these costs, many will struggle to find a place as we have found shortages right across the country. “Starting school doesn’t mean that childcare needs end. Instead, many find that it becomes more challenging to find options that are right for their family, particularly during the long school holidays. “New Government funding to help improve childcare options during term time is welcome – but families need childcare right through the year.” Coram is also calling on those in charge in England, Scotland and Wales to increase support for family information services to provide good quality holiday childcare information and ensure access to local provision that meets families’ needs, expand provision of school holiday activity and food programmes, and improve the accessibility of holiday childcare for children with special educational needs and disability (Send). Rapid price increases in essentials like food, housing and energy bills have left a growing number of the families we work with stretched and barely keeping their finances afloat Jamie Masraff, OnSide chief executive The Local Government Association (LGA) said “concerted investment and recruitment of quality staff” is needed to ensure correct provision for disabled children, and said it was “disappointing” that the Government had not extended childcare support to include summer holidays. Councillor Louise Gittins, chair of the LGA’s children and young people board, said: “While councils recognise the importance of ensuring there is sufficient provision available for children with Send, it can be difficult to ensure the right provision is available, particularly given the challenging situation that many providers face at the moment.” A Department for Education spokesperson said: “Our Holiday Activities and Food (HAF) programme, backed by £200 million per year to 2025, provides healthy meals, enriching activities and free childcare places to children from low-income families over the holidays. “We are also investing £30 million to test new and innovative approaches to short respite breaks for families of children and young people with special educational needs or disabilities.” Youth organisation OnSide called for the HAF scheme to be expanded to working parents, saying it is “increasingly hearing from working families who don’t qualify but are struggling to afford holiday clubs”. Its chief executive, Jamie Masraff, said: “Rapid price increases in essentials like food, housing and energy bills have left a growing number of the families we work with stretched and barely keeping their finances afloat. For too many, there’s simply nothing left to pay for vital summer childcare.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live How to create a kitchen herb garden What is trail running and should we all be doing it? These are the women making waves in the cycling world

Daniel Ricciardo is pondering. This year, a presence in the paddock – but not on the racetrack – has been a curiously flummoxing existence for someone so synonymous with a seat at the 20-man table. In his own words, he has been doing “everything the drivers are doing… other than the driving.” So aside from the obvious of the lights-to-flag racing, what has the Australian found the most difficult about his eight months away from Formula 1? “I’d say the starting grid on Sunday,” he says, a glint in his eye, a longing for something previous. “I love that feeling before you’re about to race. It’s intense, it’s nerve-racking but it’s awesome. I miss that buzz.” Well, miss it no longer. The Honey Badger is back. Officially on loan from Red Bull to sister team AlphaTauri for the remainder of the season, Ricciardo last week replaced the axed Nyck de Vries and will be in the cockpit in Hungary this weekend. It represents a lifeline – his lifeline – back into the sport, a carving of an opportunity so desperately craved. In the end, he only missed 10 races. And all it took was one Silverstone tyre test after the British Grand Prix, at the wheel of the fastest car in F1 this year. A pace which would have put him on the front row of the grid a few days earlier. Never a duo to hesitate, Red Bull chiefs Helmut Marko and Christian Horner made the call swiftly. “After Abu Dhabi last year, I wasn’t sure if I’d ever race again,” he reveals to The Independent, with a casualness which implies a deep-down admittance that he wasn’t done just yet. “But coming back this year, I removed all ego and status. “I do think this year will be the best thing that’s ever happened to me and it will boost me now for the rest of my career. It honestly came at the right time… everything happens for a reason.” How a career can change in a year. Because, although we didn’t know it at the time, last year’s British Grand Prix was the breaking point for McLaren and Ricciardo’s uncomfortable marriage. A day after the Aussie finished second-last out of all the finishers at Silverstone, McLaren big boss Zak Brown made initial contact with Oscar Piastri. As Ricciardo interjects, this is where “all the s*** went down!” Nothing short of gutted at the time – “it sucked” – the 34-year-old now takes the judgement call as a positive. A chance to regroup, reassess and especially in the initial stages, relax. “I’ve really enjoyed this time off, to have the time for myself,” he says. “Last week I went home to Australia for my birthday, I haven’t done that since I was 17… so 17 years ago. “It honestly came at the right time. Look, I wish those two years were better. But it’s given me a mental break because the competition is intense, as much as we love it. It consumes a lot of you so I feel for me to bring my cortisol levels down a little bit, I just feel a lot more balanced this year.” Ricciardo hadn’t missed a grand prix since June 2011. 11 years, 232 races later and so came to pass a rest he now admits was much-needed and well-utilised. A huge NFL fan and a supporter of the Buffalo Bills, he attended the Super Bowl in Arizona. The same week, he thrived in the modern anarchy of golf’s WM Phoenix Open. He even went to the prestigious Met Gala in New York. But more than any showbiz spectacles, he felt like a normal human being again. “I didn’t want to see a gym for a while,” he says. “I just wanted to eat and drink with my mates. Out of principle, I wanted to give myself a break. Just to allow myself to put on a few kgs. It felt really good, I trained just once in December and January.” But then, around the launch of Red Bull’s 2023 car in New York, a flip. “I got to February and remember thinking ‘yeah, I’m done.’ I’d had enough. I didn’t feel like drinking every weekend and partying all the time. I wasn’t going crazy but I thought ‘this life isn’t for me just yet’. “And then I became very self-motivated. I wanted it to come from me, I didn’t want someone telling me to run. I had this urge and desire to be back on the grid – and I’ve never enjoyed training so much. I’ve got more energy to train and the desire has increased, especially not being jet-lagged every fricking week!” Much to the surprise of many, while Ricciardo did take up the “third driver” role with a Red Bull team he claimed seven of his eight grand prix wins with from 2014-2018, he opted against racing even part-time in other racing series. For a lover of America, the likes of IndyCar and NASCAR were not explored. Not even a one-time jaunt at the 24 hours of Le Mans. Why? “Two reasons,” he starts. “Still a big part of me wanted a break from competition. It’s probably the thing I love most in life is competition, it’s why I race. But equally, it’s really tiring and draining. The last few years did take it out of me. “The other element is I still feel really strongly about being in this sport. The moment I start to engage in something else, the perception is: ‘Is he thinking of an alternative career?’ “There’s been times where I’ve been really keen to do Le Mans. I was desperate in 2015, speaking to Andreas Seidl who was running the Porsche project and was asking Red Bull to let me do it. But now, it’s not something that I need to do before I die. “I’ve given so much to F1 that I don’t have the capacity to do something else at the level and effort that I’ve put into this sport.” And how Ricciardo’s decision has bore fruit. Attaching himself back in the ecosystem where it all began with Toro Rosso, the Australian who has catapulted himself into a sporting celebrity with his warm, charming personality has ended up back at the modern-day equivalent team in AlphaTauri. Simulator sessions – even with ex-race engineer Simon Rennie now running the programme at Red Bull – are never enough for any racer. Cue the second coming. Now entering the twilight years of his career, can he see himself ‘doing an Alonso’ and racing into his 40s? Given his perseverance to reclaim a spot on the grid this year, the response is something of a surprise. “Ideally not,” he says. “Ideally, I’d have had enough success in the next five years. I think there’s something cool about going out on top. “This is my element but what this year has shown is I’m OK after retirement, I do have hobbies and other things going on. For lots of athletes, the thought of retirement is scary – what do you do now? You’ve lived this crazy life for so long that it can be daunting. “But for me, let’s say the next 3-5 years of awesome success and then… peace!” Now up against Yuki Tsunoda at AlphaTauri, with Max Verstappen’s teammate Sergio Perez already under pressure after a string of poor performances, a spot with Red Bull next year is not the ludicrous suggestion it may have been six months ago. 2025 may still be the more realistic target. Ricciardo admits “if one step here then gets me here… then I have to be open-minded” with regards to future seats. Nice guys come last, as the episode title for his McLaren demise in Netflix’s Drive to Survive insinuates. Yet for Ricciardo, a re-opening of a door which looked closed could trigger a renaissance. A planned road trip across the United States will have to wait. Instead, a chance to race in his beloved Las Vegas in November has come to fruition – and a chance to get back to the front. The ultimate ambition – race wins, maybe even a world championship – is still at the forefront of his mind. “That is the reason I would come back,” he signs off. “I still believe I can do it. I feel like the Red Bull Daniel. He is still here.” Read More Red Bull has handed Daniel Ricciardo the first step to Sergio Perez’s seat Daniel Ricciardo returns to F1 as he replaces Nyck de Vries Daniel Ricciardo shaped void will take some filling by Oscar Piastri at Australian GP Daniel Ricciardo: I thought I’d never race in F1 again Sebastian Vettel hints at return to F1: ‘I have some ideas’ Red Bull has handed Daniel Ricciardo the first step to Sergio Perez’s seat

Finally, taxes might be getting easier. The IRS announced this week that it intends to

A Polish couple and their seven children, killed by Nazis during World War II for hiding Jews, will be beatified Sunday, the first time an entire family is...