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The UK fiscal year ends on 5 April each year. The financial year ends on 31 March of each year. Thus, the UK budget for financial year 2021 runs from 1 April 2021 to 31 March 2022 and is often referred to as 2021–22. Historically, the budget was usually released in March, less than one month before the beginning of the new fiscal year.
The UK government has spent more than it has raised in taxation since financial year 2001–02, [3] creating a budget deficit and leading to growing debt interest payments. Average government spending per person is higher in Scotland, Wales and Northern Ireland than it is in England.
This list shows the government spending on education of various countries and subnational areas by percent (%) of GDP (1989–2022). It does not include private expenditure on education. It does not include private expenditure on education.
Rachel Reeves has announced she will earmark £1.4 billion to rebuild crumbling schools as she pledges to prioritise education and childcare in the Budget.. Investment in free breakfast clubs for ...
Education in the United Kingdom is a devolved matter, with each of the countries of the United Kingdom having separate systems under separate governments. The UK Government is responsible for England, whilst the Scottish Government, the Welsh Government and the Northern Ireland Executive are responsible for Scotland, [6] Wales [7] and Northern Ireland, respectively.
This list shows the spending on education of various countries as a percentage of total government spending. It is based on data from the UNESCO Institute for Statistics. [1] The UNESCO dataset does not specify whether education capital expenditures are included, or whether only recurrent expenditures were considered.
The government issued a response entitled "Higher Education in the 21st Century" to the Dearing Report. [9] It stated "The Government plans to introduce an annual tuition fee of £1,000, representing about a quarter of the average cost of a course. Tuition will continue to be free for students from lower income families.
Education in England is overseen by the Department for Education. Local government authorities are responsible for implementing policy for public education and state-funded schools at a local level. State-funded schools may be selective grammar schools or non-selective comprehensive schools.