According to the Institute for Fiscal Studies (ISF), schools face average cuts of 6.5 per cent over the course of this parliament as a result of rising cost pressures and frozen per - pupil funding. (schoolsweek.co.uk)
In his budget last month, Chancellor George Osborne said departments would face average cuts of 25 % when the government's public spending review is completed in October - potentially bigger than anything attempted by a previous UK government. (bbc.co.uk)
The 50 - day moving average (MA) and 100 - day MA bearish crossover (short - term average cuts long - term average from above) also favors the bears. (coindesk.com)