English schools face a budget cut of an estimated 10% in real terms during the next parliament if the Conservatives win the election after David Cameron conceded that his party could not promise to inflation-proof education funding.
Schools would have to pay 5% more to fund rising teachers’ pension and national insurance contributions, while economists said the prime minister’s admission would mean a further cut in real terms
Read More: Conservatives to cut school funding by 10% if they win general election