It has been announced that the Government is boosting funding for schools with a record £14 billion, increasing funding across the country so that every child can receive a world class education.
This cash boost means that every secondary school will receive a minimum of £5,000 per pupil next year, and every primary school will get a minimum of £3,750 from 2020-21 and £4,000 per pupil from 2021-22, rising at least with inflation. It is also fantastic that the cash boost will mean £700 million extra for children with Special Educational Needs and Disabilities, so that every child can access the education that is right for them.
The new funding will also mean £400 million additional funding for further education and sixth form colleges to train and teach our young people the skills they need for well-paid jobs in the modern economy. A further £4.5 billion has been pledged to meet the requirement for teachers’ pensions from outside the education budget, meaning that every penny of the £14 billion will go straight to schools so they can be well placed to deliver world-class educational outcomes for our children.
This is excellent news that will be felt by schools, allowing teachers to provide our young people with best education.