SCHOOL closures could see every pupil in the UK miss out on about £40,000 each in income over their lifetime — a loss totalling £350 billion, according to a damning study.

The Institute for Fiscal Studies findings call for a “massive injection” of resources to help the country’s 8.7 million pupils, many of whom will have missed at least six months of in-person teaching due to Covid-19 disruption.

The findings come after Prime Minister Boris Johnson announced that schools will receive £300m for catch-up tutoring and set March 8 as a possible date for schools to reopen in England.