The Department for Education is today expected to bring the £55bn Building Schools for the Future (BSF) programme to a halt.
Since 2004, 180 secondary schools have been built through BSF, which aimed to rebuild as new all 3,500 English secondary schools by 2020.
Construction work is under way, or is about to start, on a further 500 schools. These are expected to proceed as planned.
But Education Secretary Michael Gove is expected to call a halt to plans for 700 school projects, which have been waiting for sign-off.
It will save the Department for Education around £5bn over the next five years.
The move is expected to be condemned by local authorities, the construction industry, and the Labour Party, which launched BSF.