JEREMY Corbyn wants to spend £5billion on giving free childcare to every family no matter how rich they are, he announced today.

Labour also plans to turn childcare into a graduate profession - forcing increasing numbers of nursery workers to hold degrees.

During his party conference speech tomorrow, Mr Corbyn will announce that all children under five will get 30 hours a week of free care under a Labour government.

Poorer parents will be able to top up with more free childcare - while even millionaires will pay no more than £4 an hour for a nursery place, the party chief will say.

Mr Corbyn will tell Labour conference in Liverpool: “Opportunity matters most in the earliest years of life. It is a crucial time to open up children’s life chances.

“Driving up standards of childcare will make that vital difference for millions of our children.”

But the plans risk being labelled a bribe to the middle classes - because so much of the benefit will go to parents who could afford to pay for their own childcare.

Labour would set aside £4.8billion to subsidise nurseries so they can afford to provide free places.

The other strand of Mr Corbyn’s plans for childcare would see nurseries increasingly dominated by a “graduate-led workforce” over the course of a decade.

All childcare staff would eventually need to have A-levels, the party said, with at least 45 per cent holding a post-school qualification.

And the number of childcare workers with degrees would eventually be tripled under Labour’s plans to require more qualifications.

Mr Corbyn is expected to say: “Universal free high quality childcare will benefit parents, families and children across our country.

“It is a vital and long overdue change that will transform people’s lives and meet the needs of a 21st-century Britain for all.”

Critics said his plans would end up driving the cost of childcare up by shutting carers out of the industry.

Sophie Jarvis of the Adam Smith Institute told The Sun: "If Corbyn had done his homework, he’d realise that there is no evidence to suggest that a degree makes you a better carer of kids.

“For some bizarre reason Corbyn thinks you’ll need a degree to look after kids, but he doesn’t need one to run the country.”