Now if they are admitting this then almost certainly they are going to double what they are saying.

In addition these figures were done in March and our debt has deteriated below their expectations.

So 5p min rise in income tax - that would be £100 reduction in wage per month for someone earning £24,000 gross. Which is the biggest cut from income tax since the early 80s.

The idea you can cut £2 billion from schools - lose loads of senior staff and not effect the schools is laughable. This Federation idea will only work on "one site" schools. Very few. If anyone reading this has ever worked on a "split site" school - they will know that the opposite is true - you need more staff when you operate off each site. Say you have a deputy who deals with the Police in a school ( That person cant be travelling between all 4 schools all the day dealing with issues - it is impossible )

It only goes to show that New Labour are pretending their cuts will have no impact - they are in denial.

£5 billion off education will decimate schools. Leading to class size increases - a freeze on all spending except maintenance and staffing. Getting rid of expensive staff will lead to anarchy in the classrooms ( which it is already with many schools haveing untrained bouncers and postmen looking after lessons to try and save money on budget cuts this year due to fuel increases and food costs and other inflation which the Government statistics ignore )

We are DOOMED ! The cuts next year will be 25% To cover the BAIL OUT and for every year until 2014.

In 2015 we may have a country which is unrecognisable.