|
Value
of Total UK Education Expenditure 2008-2013
AMA Research has
recently published the 4th Edition of its review of construction
activity in the UK education sector, which focuses on the major
structural and financial changes within the UK education sector and
key government capital building programmes. The report should be of
particular interest to clients, construction professionals and
supply chains currently involved or seeking involvement in the UK
primary, secondary and higher education sectors.
In the face of a
changing UK Education Market, the Report focuses specifically on
key market trends and the impact of government spending cuts on
education projects and capital programmes.
The Report also reviews
the Government education spending priorities for the next four
years as announced in the 2010 CSR, including a 60% cut to the
capital budget. We assess the implications of these cuts to the
construction industry and discuss the main opportunities for
construction work in the primary and secondary education sectors,
after the scrapping of the BSF Programme. The emphasis is now on
two main capital programmes – the Academies Programme and the
recently announced £2bn schools PFI programme, which will partially
replace BSF.
The structure of the
education sector is also changing, with academies and free schools
being actively encouraged by the Coalition government. We discuss
the key recommendations of the recent Sebastian James Review of
Education Capital, and the implications of the Review for future
education construction work.
We also consider
changes affecting the higher education sector, including university
funding and tuition fees, which are expected to have a
wide-reaching effect on the way that university property is
procured, funded, developed and managed.
Also included is a
detailed analysis of capital investment levels in the higher
education sector, together with an in-depth look at construction
activity in the student accommodation sector and the forward
development pipeline for commercial bed-spaces.
Information for this
report has been collated from a wide range of sources including
Government Publications, company literature and the Internet. In
addition, our research background in related construction sectors
provides a basis of understanding of the education construction
market. Analysis of market developments has been based upon both
quantitative and qualitative assessments of both primary and
secondary source data. The report comprises 93 pages and 38 tables
and charts and is available now, priced to give excellent value for
money at £665. |