Scrapping Eton's tax breaks would pay for hundreds of teachers in areas where pupils are falling behind, Labour has revealed.
The elite boarding school - attended by both Boris Johnson and David Cameron - was handed a £10.6million subsidy last year as parents did not have to pay VAT on fees.
Eton’s fee income last year was £53.2million last year, which amounts to at least £10.6million in missed VAT, according to the party's analysis.