Post-16 education providers are in a "particularly difficult position" as settings, from early years to universities, face a "funding squeeze" following Jeremy Hunt's autumn statement, the Institute of Fiscal Studies warns.
An additional £2.3bn in funding for schools in England, announced by the Chancellor of the Exchequer in November's autumn statement, takes school spending per pupil in 2024 back to its “most recent high point in 2010”. But despite helping schools to face rising costs, this funding represents “no overall real-terms growth in 14 years”, the report into annual educational spending in England reveals.
Researchers found that colleges and sixth forms have experienced “the largest cuts in spending per pupil up to 2019”, cuts which are only due to be partially reversed.
