Einstein said that education is what remains after one has forgotten what one learned in school.
Well if the annual volume of education supply contracts is anything to go on, students passing through the UK education system over the next few years will need much less time to forget.
In the years 2007 to 2009 the average number of contracts awarded for educational supplies was 9,460. In 2010 the number is just 839, representing a jaw dropping reduction of 91%.
Clearly this is bad news for suppliers to the education sector. Only time will tell what it means for pupils.
Observations on UK public spend and procurement
