Iain Dale has rightly highlighted a dreadful plan by the Labour government to take 5% of any money left in school budgets at the end of each financial year. As Iain says, this hits those schools hardest that are saving for a large capital programme, perhaps buying a minibus or any other number of expensive things needed in schools.
This would be a great story of how awful Labour are were it not for the fact that Norfolk County Council, a Conservative run County, has for the last few years been desperately trying to introduce a similar scheme which involves the County Council taking back the majority of any unspent funds each year from schools that have been careful with their money. This Tory scheme promised to be even more punitive scheme than that envisioned by the Labour government. Tory plans have so far been defeated, mainly because of public pressure and threats by schools that they would spend all their money, before the County could get their hands on it (a check of how many schools in Norfolk have bought mini buses in the last year would certainly show where the money had gone).
Hypocrisy ? Well not from Iain Dale, but certainly the Tories cannot claim the moral high ground on this one.
Update : I have changed tohe title so as not to be accused of throwing malicious allegations at Iain Dale. he has not been hypocritical, but the Tories I believe are on this issue.