We already knew about the building schools for the future program being abolished as well as Becta closed down. It seems the hardest hit will be higher education. Universities face a 40% cut in their teaching budget over the next four years totalling a cut of £2.9bn.
How these cuts will effect staff and pupils is yet to be determined but it seems likely that fees will rise. Also the universities are going to have to decide what services they want to continue to provide. Who knows, maybe a managed service will eventually come to this university.