IFS: The decline in spending on school building

Monday, 4 September 2023 13:04

Safety concerns about school buildings have put school capital spending at the forefront of public debate. In this comment, we show that average capital spending on schools has fallen by around a quarter in real-terms since the mid-2000s, and is 50% below its 2010 peak. Indeed, average spending per year over the last three years is lower than any point since at least 2004. Funding allocations for school maintenance and rebuilding are also more than 40% below government-assessed...Request free trial