Slashing public spending was reportedly one of the options on Liz Truss’s table as she scrambled to fill a £45 billion unfunded tax-cuts blackhole that sent financial markets into meltdown.
But the prime minister pledged on Wednesday that public spending cuts would “absolutely” not happen.
However today, after a humiliating U-turn on some of her mini-budget and sacking her chancellor, Truss now says spending will “grow less rapidly then previously planned”. So what does all this mean for schools?
