According to Daily Mail, Philip Hammond has rejected suggestions from No 10 that he could give schools a £27billion funding boost – saying they ‘might get 27p’.
The Chancellor has been locked in a row with Theresa May for weeks over her demands for more cash for the education budget.
Instead, he has said schools funding should be considered after Mrs May leaves Downing Street at the end of the month.
Last month, Mr Hammond threatened to resign over what he saw as an irresponsible splurge. He also criticised Mrs May’s 2050 ‘net zero’ climate change target, which became law at the end of June, warning it could cost £1trillion and mean less cash for public services.
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