Education spending to fall: will you be hit most?

Posted on 26/10/2011


A report by the Institute of Fiscal Studies has stated that ” …public spending on education in the UK will fall by 3.5% per year in real terms between 2010–11 and 2014–15. This would  represent the largest cut in education spending over any four-year period since at least the 1950s, and would return education spending as a share of national income back to 4.6% by 2014–15″, according to a report by the Institute of Fiscal Studies published on 25 October 2011.”

But the report also says: “there is actually remarkable similarity in the relative priorities adopted by the current coalition government and the previous  Labour government. Both have favoured shifting public spending from higher education towards schools spending”.

How will it affect you? Read more …

Tagged: , , ,