Magazine article Public Finance

Schools Capital Spending May Not Quite Add Up

Magazine article Public Finance

Schools Capital Spending May Not Quite Add Up

Article excerpt

As education leaders rushed to praise a Budget that promised huge increases in education spending, it emerged that the Treasury's familiar sleight of hand was in evidence.

Capital spending on schools is to rise from current levels of £5.6bn a year to £8bn a year by 2011, trumpeted as an increase of £34bn over five years by Chancellor Gordon Brown.

But the Department for Education and Skills later admitted that figure had been calculated by adding together each year's capital allocation up to 2010/11.

'We do not have top-level figures for the intervening years,' a DfES spokesman told Public Finance. 'They will become clear in the [2007] Comprehensive Spending Review.'

In an education-heavy Budget, Brown announced that it was his intention to increase per-pupil spending from £5,000 to £8,000 a year - the amount currently spent on a typical pupil in the private sector. …

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