Private Schools Face Closures Amid VAT Policy and Budget Shortfalls

Education Secretary Bridget Phillipson attributes closures to financial mismanagement and aims to improve state school standards with VAT revenue.

Labour plans to end VAT exemption for private schools to fund 6,500 new state school teachers.
Phillipson argues private schools have increased fees beyond inflation, leading to budget issues.
The policy targets raising £1.6bn to enhance state education, attended by 93% of UK children.
Recent closures of two Scottish private schools highlight the financial strains.
Phillipson emphasizes the importance of state school improvements over sustaining private institutions.