Hundreds of academy leaders have warned ministers of their “grave concerns” about schools’ ability to stay afloat if ministers fail to provide extra cash despite soaring inflation.
Trust chiefs have written a joint letter to prime minister Liz Truss and education secretary Kit Malthouse, voicing alarm over plans to find “efficiencies” in government spending.
Chancellor Kwasi Kwarteng denied a return to austerity in a BBC interview this morning, but said he was committed to budgets set at the 2021 spending review.
Chief secretary to the Treasury Chris Philps also made similar comments last week, and that he would write to departments asking them to find “efficiencies”. It follows market turmoil over unfunded tax cuts in the government’s recent mini-budget.
