The Conservatives pledged last week to increase the school budget by # 4 billion in real -
terms over the next parliament.
Not exact matches
NEA estimates that
over the
term of the UK
Parliament (the
next 5 years) domestic energy consumers will contribute
over # 14 billion to the Treasury (# 11.82 bn in England, # 1.33 bn in Scotland, # 690m in Wales and # 190m in Northern Ireland) through VAT and revenue generated from carbon taxes.
- GDP per capita is still lower than it was before the recession - Earnings and household incomes are far lower in real
terms than they were in 2010 - Five million people earn less than the Living Wage - George Osborne has failed to balance the Budget by 2015, meaning 40 % of the work must be done in the
next parliament - Absolute poverty increased by 300,000 between 2010/11 and 2012/13 - Almost two - thirds of poor children fail to achieve the basics of five GCSEs including English and maths - Children eligible for free school meals remain far less likely to be school - ready than their peers - Childcare affordability and availability means many parents struggle to return to work - Poor children are less likely to be taught by the best teachers - The education system is currently going through widespread reform and the full effects will not be seen for some time - Long -
term youth unemployment of
over 12 months is nearly double pre-recession levels at around 200,000 - Pay of young people took a severe hit
over the recession and is yet to recover - The number of students from state schools and disadvantaged backgrounds going to Russell Group universities has flatlined for a decade
According to the analysis, while the Conservatives, Labour and Liberal Democrats are all proposing to spend more on 16 to 18 education
over the course of the
next parliament, only Labour's spending plans will result in a real -
terms increase (8 per cent in real
terms).
We don't know who will win the election but one thing we do know for certain though, is that whoever wins will preside
over a real
terms cut in education funding during the
next parliament.
The Institute of Fiscal Studies estimates that schools in the UK will face up to 12 per cent real
term cuts
over the
next Parliament while forecasts suggest pupil numbers will increase by seven per cent, a result of rising immigration and higher birth rates
over the
next five years.
Given what he knows about National Insurance and pension costs, he thinks that the right figure for a real -
terms cut in funding
over the life of the
next Parliament from the IFS forecasts is closer to 12 than to seven per cent.
In their pre-election manifesto, the Conservatives pledged to protect school funding in cash
terms during this
parliament, but we know this translates to a real -
terms reduction
over the
next few years.
The think tank says that although the Conservatives, Labour and Liberal Democrats are all proposing to spend more on 16 to 18 education
over the course of the
next parliament, only Labour's spending plans will result in a real -
terms increase.