"Private Schools Business Rates Relief Warning"

From the BBC:
Independent schools could lose millions in business rate relief under a Labour government unless they worked more closely with state schools. Shadow education secretary Tristram Hunt says many private schools are not doing enough… "The only possible answer to whether they earn their £700m subsidy [over the course of the next Parliament] is a resounding and unequivocal 'no'."
Ho hum. £700 million divided by five years divided by 700,000 pupils is a princely £200 per pupil per year*. The value per pupil of the corporation tax exemption appears to be another £200 per pupil per year. So peanuts in the grander scheme of things.
But what possesses the man to refer to these very modest tax breaks as a subsidy?
Even if the government actually paid £400 cash per pupil per year, that's still only one-twentieth of the overall average cost of one state pupil for one year.
It looks to me as if private school pupils are subsidising state school pupils and not the other way round.
Disclaimer: Her Indoors decided that our kids would go to private schools, it costs an arm and a leg and I'm not entirely convinced it's worth it. So if anybody wants to ban private education outright, I wouldn't actually be averse to that idea. It would 'level the playing field' a bit, save a lot of parents a lot of money and in principle, there'd be more 'pushy parents' thus hopefully driving up standards in state schools. Or this is how it works in Finland and Germany.
What sort of a stupid name is Tristram anyway? Twat.
* Business Rates is the least bad tax and not a cost to 'businesses' anyway, as Tim Worstall came out and explained recently in Forbes, although it is probably still a real cost to these schools as I guess nearly all of them own their own premises.