Early years education, colleges, sixth forms and universities will all face a difficult few years ahead, experts have warned, after being left out of the funding increases announced by the Chancellor last month.
In a “stark” new report, the Institute for Fiscal Studies has warned that rising costs as a result of surging inflation over the last year has left colleges and sixth forms in particular in a “difficult position” in the wake of Jeremy Hunt’s autumn statement.
The think-tank also warns that while an additional £2.3 billion for schools in England will return spending per pupil in 2024 back to the most recent high point of 2010, it will still mean resources are squeezed in the years to come.
The findings come from a new report by the Institute for Fiscal Studies focused on education spending and brings with it warnings that colleges and sixth form establishments are likely to bear the brunt of the Chancellor’s spending squeeze.
