“School spending to fall by 7 per cent if Conservatives win election, Institute for Fiscal Studies says”

From today’s Daily Telegraph – Swire’s wishy-washy letter to the PM seems to have gone ignored. It must have been SO much better for Swire when old-Etonian pals and holiday companions Cameron and Osborne were in charge:

School spending per pupil looks set to fall by 7 per cent despite a Conservative pledge to increase the education budget if the party wins the general election.

However spending would increase if either Labour or the Liberal Democrats win power, according to the independent Institute for Fiscal Studies.

In a new paper examining each of the main political parties proposals for education spending, the IFS calculated school budgets in England could face a real-terms cut of almost 3 per cent by 2021/22 if the Tories win the election.

This rises to a 7 per cent reduction by 2021/22 once the cuts schools have faced over the past two years are taken into account.

Labour’s plans would leave per pupil spending 6 per cent higher in real terms over the same five year period – 2017/18 to 2021/22.

The IFS – which publishes a wide appraisal of all the manifestos today – the Liberal Democrats’ plans would see per pupil spending protected in real terms at the 2017/18 level. …”

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