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May’s last day

With hours to go before her resignation, is Theresa May about to greenlight part of the Augar review? And if she does, will her successor be bound by her decision?

According to this morning’s Financial Times, the prime minister has an eye on chancellor Philip Hammond’s emergency war chest.

The paper is reporting that the outgoing prime minister—who will stay on in a caretaker role until her party chooses its next leader—is looking to the Treasury for some last-minute resignation spending. She is seeking around £10 billion, the paper says, mostly for schools but some of which could go towards boosting further education.

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