Tuesday, 30 October 2007
Prudence has won out
I'm delighted to see that Jim Knight (left) has reversed the very silly plan to tax schools 5% of their surpluses. It was always a daft and unfair idea, though NASUWT, who have long supported the proposal are bizarrely blaming 'vested interests' for the change of heart. But, as I predicted here and urged here, ministers have bowed to the inevitable. Let's hope the Treasury have learned their lesson on this occasion.