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	<title>UK Schools Data</title>
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		<title>£1 billion cuts to education budget</title>
		<link>http://www.ukschoolsdata.co.uk/education-data/1bn-cuts-to-education-budget/</link>
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		<pubDate>Sat, 10 Jul 2010 10:05:06 +0000</pubDate>
		<dc:creator>Emma Charlwood</dc:creator>
				<category><![CDATA[Education Data]]></category>

		<guid isPermaLink="false">http://www.ukschoolsdata.co.uk/?p=97</guid>
		<description><![CDATA[Further cuts have been announced by the Treasury, with £1 billion being striped from education.  The Department for Business, Innovation and Skills, responsible for universities, will lose £265m.
The announcement was made as the coalition government also cancelled much of the country’s school re-building programme.
Education cuts in spending form part of the Governments total cuts across [...]]]></description>
			<content:encoded><![CDATA[<p>Further cuts have been announced by the Treasury, with £1 billion being striped from education.  The Department for Business, Innovation and Skills, responsible for universities, will lose £265m.</p>
<p>The announcement was made as the coalition government also cancelled much of the country’s school re-building programme.</p>
<p>Education cuts in spending form part of the Governments total cuts across all departments totaling £1.54bn.</p>
<p>Reductions will affect spending plans which had relied on funding from an under spend at the end of the financial year.</p>
<p>Not all of the £1bn to be cut from education will have been allocated, some of it is in reserve and the education department, plan to achieve savings through &#8220;better financial management and tighter controls&#8221;.  However, £169.5m of the funding has already been ear-marked for projects which will now be cancelled, including £50m from a technology improvement fund, £50m for diploma provision, £24m for co-location projects for schools and £15m for school swimming pools.</p>
<p>Government decisions are never easy and the new Government is insisting that the nation can live within its means.</p>
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