More Great News: School Spending Set To Dodge The Cuts Again!

More Great News: School Spending Set To Dodge The Cuts Again!

We’ve all had to get used to hearing bad news about the economy in recent years. Rising inflation and slow wage growth h...

We’ve all had to get used to hearing bad news about the economy in recent years. Rising inflation and slow wage growth h...

John Smith
Author
John Smith
Published: 5th June 2013

We’ve all had to get used to hearing bad news about the economy in recent years. Rising inflation and slow wage growth has meant that consumer spending has been subdued for some time with no immediate signs of any dramatic improvement.

However, companies that sell to schools have dodged most of this uncertainty as school budgets have continued to increase in recent years despite the gloomy economic outlook. And last week there was yet more great news with George Osborne hinting that he intends to continue the ring-fencing of the schools budget through 2015. Nice one George!

Recently a think tank had argued that up to 18% could be slashed from the school budget without any reduction in pupil achievement, leading to widespread speculation that school spending may be facing cuts in June’s Spending Review.

However it now appears that George Osborne intends to make good on the coalition’s pledge to keep improving our schools. This is fantastic news for any companies marketing their product or service to schools now or in the future.

And while significant cuts in other areas will inevitably lower confidence in many sectors, this announcement will sure up confidence in schools about their budget – meaning there has never been a better time for you to focus on your marketing to schools strategy.

Earlier this year we published an infogram highlighting the key facts about the 2013 school budget and dispelling the myths perpetuated by doom-mongers who say that it’s a tough time for companies selling to schools.

Now is a great time for you to have another look at this and begin preparing your marketing plan. But first go and put the kettle on and break out the biscuits… take 5 minutes to celebrate the fact that in these hard economic times you’re operating in the one sector where spending budgets continue to rise!

Nice one George!

Tags
List of Schools School Budgets Schools Spending Education Budget

Similar Articles

Everything You Need to Know About School Spending
Preview

Everything You Need to Know About School Spending

Gain education insights from our State of Selling to Schools Report, about how schools make their purchasing decisions, when they buy, and who makes the decisions.

Selling to Schools in the Summer Term
Preview

Selling to Schools in the Summer Term

Explore the insights of over 3,000 school staff and understand how to shape your education marketing during school's biggest spending period.

Grow your education brand with Sprint

Grow your education brand

Free Strategy Call

Expert marketing to schools support and solutions

Expert marketing to schools solutions

Email Head Teachers, Teachers, and Staff Inboxes

Email teachers and staff inboxes

Sell More to UK and Global Schools and Colleges

Sell more to schools and colleges

Scroll to top