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Wednesday, 10 May 2017

Lib Dems pledge an extra £7bn for schools

The Liberal Democrats have announced they will invest nearly £7bn more in schools and colleges over the next parliament. The Lib Dems say that funding would reverse cuts to frontline school and college budgets, protect per pupil funding in real terms and ensure no school loses out from the National Funding Formula.

Liberal Democrat Shadow Education Secretary Sarah Olney commenting on the Lib Dem proposals said: "Children are being taught in overcrowded classes by overworked teachers - but Theresa May doesn't care."

"While funding per pupil is set to see the biggest cuts in a generation, billions of pounds are being spent on divisive plans to expand grammars and free schools. This extra £7 billion of funding would ensure no school and no child loses out. We will reverse crippling Conservative cuts to school budgets and invest to ensure every child has the opportunity to succeed." Mrs Olney added.

Liberal Democrat Leader Tim Farron commented: "A landslide for the Conservatives would allow Theresa May to take parents across the country for granted and cut our schools to the bone. Only the Liberal Democrats can provide the strong opposition Britain needs to stand up for your community. Vote for the Liberal Democrats and you can change Britain’s future."

The Liberal Democrats will invest £6.9bn more in our schools and colleges over the next parliament, to ensure no school and no child loses out. This goes further than Labour’s commitment to reverse £3bn of cuts to school budgets by 2020.

Over the course of the parliament, the Liberal Democrats say they will:
  • Protect per pupil funding in real terms in schools (£3.3bn)
  • Protect further education per pupil funding in real terms (£660m)
  • Ensure no school loses out from the National Funding Formula (£1.26bn)
  • Protect the pupil premium in real terms (£415m)
  • Invest in continuous professional development for teachers (£165m)

The £6.9bn includes £1.1bn of Barnett consequentials for devolved nations.  The Lib Dems say their plans will be fully costed in their manifesto although, party leader, Tim Farron told the Today programme that the Lib Dems will raise Corporation Tax to 20%  and scrap the married couples tax allowance. The party say they will include reversing the Government’s proposed funding for new grammar schools in their manifesto.