Lord David Pannick rides to the rescue of Independent schools

07.11.24 12:51 PM By Stephanie
Written by Johnny Kipps

To the rescue: Lord David Pannick

The Autumn Budget presented last week has ruffled a not inconsiderable number of feathers with accusations of lying and broken manifesto promises flying. The Office of Budget Responsibility failed to support the Chancellor’s claim of a £22bn black hole left by the last government. 
Picture credit : UK TREASURY

Portrait of Nigel Lawson, UK's greatest post war Chancellor replaced by one of Ellen Wilkinson, founding member of the UK Communist Party.  Makes you think, doesn’t it.

There were many deeply unpleasant proposals. One of the most controversial was the Employer’s National Insurance slated to go up by 1.2% to 15%, a tax on jobs. The Farmers are protesting strongly against the IHT changes that will severely impact the ability of small farmers to hand down their farms to the next generation. 

The list of reasons why the budget won’t promote growth will not have made happy weekend reading for the Ms Reeves.

⚖️ Independent Schools Take Action

And on top of that, the Independent Schools announced on Thursday that they had enlisted the help of Lord David Pannick KC, one of the country’s leading barristers in cases relating to government decisions, to lead the challenge which will be brought on behalf of parents, including those with children with special educational needs and disabilities (Send) against the Vat imposition.

🛠️ Forecast 5: Your Budgeting Ally

Whatever your view on the Budget, there is a massive amount of financial change in the offing and Financial Directors and their teams will need the very best tools available to prepare the corporate budget and to test out different permutations; this is where Forecast 5 comes in. 

Why Forecast 5?

🔹 Eliminates Excel errors with sophisticated rolling forecasts.

🔹 Supports variance analyses and scenario planning for confident decision-making.

🔹 Integrates seamlessly with Sage 50, Sage 200, SAP B1, Xero, and Acumatica.

🔹 Produces accurate, balanced forecasts, cashflows, P&L, balance sheets, and funds flow statements — up to 15 years.

Even if the national budget struggles, Forecast 5 ensures your school’s finances are transparent, accurate, and decision-ready.

✅ Navigating Uncertainty with Confidence

While legal interventions like Lord Pannick’s provide critical support, the real safeguard for independent schools lies in strong financial planning. With Forecast 5, bursars and finance teams can model scenarios, track every fee and cost, and deliver governors the data they need to make fast, informed decisions.

In a climate of policy change and fiscal uncertainty, schools that plan proactively won’t just survive—they’ll thrive, ensuring continuity for pupils, stability for staff, and confidence for parents. Forecast 5 empowers schools to take control, transform complexity into clarity, and navigate any financial challenge with certainty.