Health spending will have increased by 40 PER CENT from 2010 to 2025 while education budgets will have gone up by less than THREE PER CENT, says IFS think tank as it questions Rishi’s commitment to ‘levelling up’
Health spending will have increased by more than 40 per cent from 2010 to 2025 while education budgets will have gone up by less than three per cent, the Institute for Fiscal Studies said today.
The IFS said the updated spending figures following Rishi Sunak‘s Budget yesterday showed there has been a ‘remarkable lack of priority afforded to the education system since 2010’.
The influential think tank questioned how the education funding levels are ‘consistent’ with the Government’s ‘levelling up’ agenda.
Downing Street said the Government ‘makes no apologies’ for boosting health spending, insisting it is ‘something the public want to see’.
Health spending will have increased by more than 40 per cent between 2010 and 2025 while educations spending will go up by less than three per cent
The IFS said the updated spending figures following Rishi Sunak’s Budget yesterday showed there has been a ‘remarkable lack of priority afforded to the education system since 2010’
Paul Johnson, the director of the IFS, said this morning that Whitehall departmental funding increases contained within the Budget are ‘real and substantial’.
He said no department is seeing a cut to its overall budget but ‘for many areas’ the spending levels will still be ‘substantially less in 2024-25 than it was back in 2010’.
He said: ‘Perhaps the most striking contrast lies in the different paths for health and education spending.
‘Over this spending review period education spending is set to rise by about 2% a year against a 4% a year increase for the department for health and social care.
‘Over the whole period since 2010, by contrast, health spending will have increased by over 40%, education spending by less than 3%.
‘For the Chancellor to have felt it appropriate to draw attention to the fact that per pupil spending in schools will have returned to 2010 levels by 2024 is perhaps a statement of a remarkable lack of priority afforded to the education system since 2010.
‘A decade and a half with no growth in spending despite, albeit insipid, economic growth is unprecedented.
‘Spending per student in FE and sixth form colleges will remain well below 2010 levels. This is not a set of priorities which looks consistent with a long term growth strategy. Or indeed levelling up.’
Downing Street defended the Government’s spending priorities as the Prime Minister’s Official Spokesman said: ‘I think the Government is responding to the reality of the situation we find ourselves in and I think the IFS has made that point themselves.
The Department of Health and Social Care’s budget will increase by a further 4.1 per cent from 2021 to 2025
Total departmental budgets are set to increase by three per cent over the next three years, according to the IFS
‘I think if you take the two things, on health obviously we have been responding to a global pandemic and also more broadly an ageing population who thanks to improvements in health are living longer.
‘That is a challenge that is faced globally so you would expect investment in our NHS, we know that is something the public want to see.
‘Supporting our NHS is the right thing to do and we make no apologies for doing so.’
The spokesman added: ‘On education it is simply the case that we are massively increasing funding for education and that will rise to 2010 levels.’