Election 2024

Tory funding pledge could be ‘biggest cut in 50 years’, says IfS

Think tank says Sunak’s per-pupil funding ‘protection’ actually works out as a 6% reduction and would lead to job losses and school closures

Think tank says Sunak’s per-pupil funding ‘protection’ actually works out as a 6% reduction and would lead to job losses and school closures

The Conservatives’ pledge to protect per-pupil funding in real terms could lead to the biggest school budget reduction for fifty years, the Institute for Fiscal Studies has warned.

A promise to protect “day-to-day schools spending in real terms per pupil” over the course of the next Parliament is one of a handful of new pledges made in Rishi Sunak’s manifesto, published today.

But in a scathing assessment, the IfS said this would actually work out as a £3.5 billion cut, equating to 6 per cent, to the total schools budget. This is because pupil numbers are due to fall by 400,000 by 2028.

“A reduction in the overall schools budget on this scale has not been delivered since the mid-1970s, and were it to be delivered it would almost certainly require a reduction in the workforce and potentially school closures too,” said IfS research fellow Luke Sibieta.

Doing the minimum implied by the commitment “would mean that per-pupil spending in 2029 was at the same real-terms level as it was in 2010 – nearly two decades with no growth in school resources per pupil”.

Delivering such cuts to total spending would also be “challenging from a practical perspective”, the IfS warned.

Larger rises to per-pupil funding not ruled out

The Conservatives could decide to raise per-pupil funding should they win the election, as their commitment is only to protect it.

The party has also not included any savings relating to the pledge in its costings document.

When asked if the promise would amount to a funding cut, the party would not provide an official comment on the matter.

A Tory source said: “As you can see in our costings document, all our policies are fully funded and we have not assumed any savings from the schools budget.”

Politicians of all parties have faced calls to commit to maintaining current school funding cash levels. As pupil numbers fall, this would allow per-pupil funding to rise in cash-terms, rather just with inflation.

At the ASCL conference earlier this year, former general secretary Geoff Barton said parties should use the headroom to boost per-pupil funding and money for disadvantaged children.

He accepted “money is tight”.

“But there is something that politicians from all sides can and should commit to over the course of the next parliament which is affordable, and which would make a huge difference.

“Population estimates predict that the number of pupils in England’s schools will fall by half a million over the next five years. It adds up to a huge – multi-billion-pound – saving.

“So, instead of raking this money back into the Treasury – there is a golden opportunity to put education on a more sustainable footing.”

Latest education roles from

Chief Education Officer (Deputy CEO)

Chief Education Officer (Deputy CEO)

Romero Catholic Academy Trust

Director of Academy Finance and Operations

Director of Academy Finance and Operations

Ormiston Academies Trust

Principal & Chief Executive

Principal & Chief Executive

Truro & Penwith College

Group Director of Marketing, Communications & External Engagement

Group Director of Marketing, Communications & External Engagement

London & South East Education Group

Sponsored posts

Sponsored post

AI Safety: From DfE Guidance to Classroom Confidence

Darren Coxon, edtech consultant and AI education specialist, working with The National College, explores the DfE’s expectations for AI...

SWAdvertorial
Sponsored post

How accurate spend information is helping schools identify savings

One the biggest issues schools face when it comes to saving money on everyday purchases is a lack of...

SWAdvertorial
Sponsored post

Building Character, Increasing Engagement and Growing Leaders: A Whole School Approach

Research increasingly shows that character education is just as important as academic achievement in shaping pupils’ long-term success. Studies...

SWAdvertorial
Sponsored post

Educators launch national AI framework to guide schools and colleges

More than 250 schools and colleges across the UK have already enrolled in AiEd Certified, a new certification framework...

SWAdvertorial

More from this theme

Election 2024

Former science teacher and her ex-pupil elected as new Labour MPs

'It's just lovely and I feel like a bit of a proud mum, I'm just so incredibly proud'

Samantha Booth
Election 2024

SEND moved into schools minister McKinnell’s brief

Move to align special needs with schools responsibilities comes after education secretary said she's 'gripping the issue'

Freddie Whittaker
Election 2024

SEND crisis must be ‘first order issue’ for new government

Labour has inherited a system on its knees with councils facing bankruptcy, parents forced into court and schools crying...

Freddie Whittaker
Election 2024

Catherine McKinnell: 9 facts about the new schools minister

Roles have not been officially confirmed, but one of McKinnell's colleagues has said she will cover schools brief

Freddie Whittaker

Your thoughts

Leave a Reply

Your email address will not be published. Required fields are marked *