[wdmmg-discuss] Cuts to education spending

Wed Jun 16 17:35:43 UTC 2010

Gemma, this has been very useful.

I've outlined what we have done with this below, but I have two questions 
for now: what is the saving that is required for the 2011-2012 and also 
for in five years time?

We've taken a look in the press release 
http://www.ifs.org.uk/publications/5034 and saw that "£85 billion would be 
needed by 2014-15" but of this £51 billion is already been planned by 
Labour, so that leaves with £34 billion.

Would £34 billion be a good choice to set as our target for reductions 
over 5 years? What would be a good target for 2011-2012, or a suggestion 
for where I can look to find one?

Based on http://www.ifs.org.uk/budgets/gb2010/10chap7.pdf and Tim's 
calculations we have come up with a list of tax increases and spending cuts:

https://spreadsheets.google.com/ccc?key=t2_3h2d5ZJRwtvsGRIX_mzA#gid=0

Would be great to hear back what people think of these choices so far.

Many thanks,

Lisa

On Wed, 16 Jun 2010, Gemma Tetlow wrote:

> Lisa
>
> In relation to options for cuts, you might also be interested in this 
> document (part of the February 2010 IFS Green Budget) which outlines some 
> example tax increases and benefit cuts: 
> http://www.ifs.org.uk/budgets/gb2010/10chap7.pdf.
>
> Gemma
>
> On 15/06/2010 18:37, Lisa Evans wrote:
>>  This is great, thank you Gemma.
>>
>>  We've just been reading this great document from the IFS:
>>
>>  http://www.ifs.org.uk/publications/5034
>>
>>  as we are looking for example cuts and for the total amount that needs to
>>  be saved.
>>
>>  On Thu, 10 Jun 2010, Gemma Tetlow wrote:
>> 
>> >  Michael Gove has outlined exactly where the cuts to the Department for 
>> >  Education budget will come from: 
>> >  http://www.education.gov.uk/news/news/~/media/Files/lacuna/letters/MichaelGovetoEdBallsCuts.ashx 
>> > 
>> > 
>> 
>
>