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SPENDING REVIEW 2013: Osborne trumpets education spending 26 June 2013

The lowest funded local authorities in the UK will receive an increase in ‘per-pupil’ funding, according to proposals set out in today’s Spending Review.

The controversial pupil premium scheme will also be protected in real-terms, the chancellor confirmed in addition to new investment in technical colleges and vocational institutions.

He also confirmed the funding of 180 new ‘free schools’ in 2015/2016 as part of the revised education capital budget which has been set at £4.6 billion for that financial year. The opposition were notably more vocal in their opposition as these new proposals were announced.

Overall, the education budget will increase to £53 billion in the 2015/2016 financial year.

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