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'TREASURY TO BLOCK SCHOOLS' RESCUE PACKAGE'

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Chancellor of the exchequer Gordon Brown will refuse to bail out struggling schools, thwarting education secretary ...
Chancellor of the exchequer Gordon Brown will refuse to bail out struggling schools, thwarting education secretary Charles Clarke's plans to provide them with a cash lifeline next year, according to The Independent on Sunday (p10).

Mr Clarke is understood to be devising a funding package that will guarantee more money for schools in an attempt to prevent a repeat of this year's funding crisis. But the Treasury is adamant it will stick to its three-year funding formula. No new money will be made available from outside the already allocated education budget.
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