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Commenting on today's IFS report 'The Pupil Premium: assessing the options', which shows how many schools would have their budgets cut under Conservative plans to bring in a Pupil Premium without extra funding, David Laws said:
"This independent report confirms the Tories' proposals would be disastrous for thousands of schools, wrecking opportunities for millions of children.
"The Conservatives' plans will mean many schools have their budgets slashed.
"David Cameron may talk about raising standards but his plans commit no pounds and no pence of extra money to our schools. He now needs to be honest about the devastating impact this will have on England's schools.
"Liberal Democrats will give schools the money to cut class sizes and provide children who are struggling with more individual support by committing an extra £2.5bn. This extra cash and our plans to set schools free to raise standards will give every child a fair start in life."
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