Schools are being urged to make up to £400m a year in savings as the recession continues to bite. Government spending watchdog the Audit Commission said England's schools could save huge sums just by buying desks, equipment and services more sensibly.
It also claimed the focus on standards had led schools to neglect their duty to spend taxpayers' money efficiently. The government said record funding for schools - increased by 76% since 1997 - had shown clear benefits. Audit Commission chairman Michael O'Higgins said accountability for spending in schools had been weak over the past decade, as inspections had focused on standards rather than value for money.

- source: BBC News 01/07/2009

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