Education capital spending – Budget 2023

	A	B	C	D	E
1	Capital Departmental Expenditure Limit: Education (Spring Budget 2023)
2	https://www.gov.uk/government/publications/spring-budget-2023/spring-budget-2023-html#cost-of-living-and-public-services
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4		2021-22	2022-23	2023-24	2024-25
5	Nominal £bn	4.7	5.9	7.0	6.1
6	GDP Deflator (HMT March 2023)	100.0	105.7	108.4	110.1
7	Real terms £bn (2022-23 prices)	5.0	5.9	6.8	5.9
8				Real-terms cut 2023-24 to 2024-25:	-14.2%
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