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Budget 2014

20 March 2014

Looking at the implications for UCU members of the coalition's March 2014 budget.

Budget box

On 19 March 2014, Chancellor of the Exchequer, George Osborne, made his 2014 Budget Statement to Parliament, in which he outlined the state of the economy and set out the government's latest financial plan of action, pledging a budget for 'makers, doers and the savers.'

There was no mention of colleges in the budget. In recent weeks the further education and skills sector has learnt that in addition to longstanding cuts it will suffer funding cuts capped at 2% for 16-18 year olds in education and training, and an average 15% reduction in funding for adult skills (excluding adult apprenticeships).

This document highlights key announcements in relation to education, their implications for UCU's members, and our response.

Budget 2014: Implications for UCU members [46kb]

Last updated: 25 January 2022