Capital expenditure for the Department of Education in England was 4.9 billion British pounds in the 2021/22 financial year, with planned expenditure for 2022/23 rising to 6.4 billion pounds. This type of expenditure concerns the purchasing, investment, and maintenance of fixed assets such as buildings. Although education capital spending amounted to over nine billion pounds per year prior to 2011/12, this was cut to 6.4 billion pounds in 2011/12, and has gradually declined further since that financial year.
Capital spending for the Department for Education in England from 2009/10 to 2022/23 (in billion GBP real terms)
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Further Content: You might find this interesting as well
House of Commons. (September 1, 2023). Capital spending for the Department for Education in England from 2009/10 to 2022/23 (in billion GBP real terms) [Graph]. In Statista. Retrieved September 14, 2023, from https://www.statista.com/statistics/1411394/england-school-building-spending/
House of Commons. "Capital spending for the Department for Education in England from 2009/10 to 2022/23 (in billion GBP real terms)." Chart. September 1, 2023. Statista. Accessed September 14, 2023. https://www.statista.com/statistics/1411394/england-school-building-spending/
House of Commons. (2023). Capital spending for the Department for Education in England from 2009/10 to 2022/23 (in billion GBP real terms). Statista. Statista Inc.. Accessed: September 14, 2023. https://www.statista.com/statistics/1411394/england-school-building-spending/
House of Commons. "Capital Spending for The Department for Education in England from 2009/10 to 2022/23 (in Billion Gbp Real Terms)." Statista, Statista Inc., 1 Sep 2023, https://www.statista.com/statistics/1411394/england-school-building-spending/
House of Commons, Capital spending for the Department for Education in England from 2009/10 to 2022/23 (in billion GBP real terms) Statista, https://www.statista.com/statistics/1411394/england-school-building-spending/ (last visited September 14, 2023)
Capital spending for the Department for Education in England from 2009/10 to 2022/23 (in billion GBP real terms) [Graph], House of Commons, September 1, 2023. [Online]. Available: https://www.statista.com/statistics/1411394/england-school-building-spending/