A £14 billion boost in education spending due to be outlined in next month"s budget risks being “squandered” by poorly managed schools, the head of Ofsted has warned. Amanda Spielman, the chief inspector of schools in England, said that there is “clearly” room for improvement when it comes to school budgeting and that bad financial decisions can be “harmful” to children’s education as well as a waste of taxpayer funds. The commentary was due to be published early next month alongside a piece of research by Ofsted on school funding. However, it was put online yesterday by accident before being quickly removed. It comes ahead of the Spring Budget, in which Prime Minister Boris Johnson is expected to restate his pledge to give schools a cash injection of an extra £14 billion over three years.... To continue reading, subscribe and try your first month for free. Already a subscriber? Log in Enjoy unlimited access to all articles Choose from all our exclusive newsletters Unlock money-saving offers and events Read the daily newspaper on your mobile devices via the Digital Edition app Start free trial *All Digital Access Subscription: first month free, £3 per week for 3 months, then full price at £6 per week. Want to learn more? View subscription options