School fees rise by 40%

Private schools in the UK are charging 40 per cent more for fees than five years ago, research from Halifax shows.

The study found annual fees now average over £10,200, a jump from last year's figure of just above £9,600.

Parents in the south-east continue to be hit hardest with average school fees totalling over £11,300.

The south-west saw the highest increase in the country, with tuition climbing 48 per cent.

Schools in the Midlands saw the smallest increase of 30 per cent, indicating parents all over the UK may consider school fee plans.

Despite this, private school admissions have risen 5.6 per cent between 2001-2 and 2006-7.

Martin Ellis, chief economist at Halifax Financial Services, said it has become more difficult for parents to find the money to send their children to private schools.

"It has, therefore, become increasingly vital that parents plan their finances as early as possible if they want private schooling for their children."

The Telegraph has also reported fees for boarding schools are expected to reach over £30,000 a year.