Oh come on BBB – I know you couldn't believe it, but you and your friend need to accept that the Tories, along with their friends the 'Yellow' Tories, are now in government.
So education will now receive massive spending cuts to pay for the bankers created recession/credit-crunch :
Education sector in England braced for 25% cuts
The 25% cuts in eduction will effect precisely those sort of projects – capital spending and the Building Schools for the Future programme.
The children at your friend's school won't be playing or having fun for good few years now. Or at least not until this Lib Con government has been kicked out.
Your friend should be telling her children to enjoy this Christmas as next year the 20% VAT will probably lead to smaller/less presents. And their parents will quite likely not have a job.
But hey, it's not all bad news……the good news is – that bankers will be fine (the new Tory intake of MPs includes quite a few more bankers) So bankers children won't need to worry at all. And their places at their posh private schools will be I'm sure, perfectly safe.