Empty classroom

Record funding for schools

The Department for Education has announced that England’s schools are to be allocated a record-high funding injection.

Almost £60 billion of investment means the highest ever real-terms funding, with this including additional funding for pupils who are disadvantaged, as well as those with special educational needs and disabilities. Pupils with SEND will see the benefits of a further £440 million as local authorities are supported for the funding of special schools, whilst also giving mainstream schools the resources to meet their SEND pupils’ needs.

There will also be a 60% increase to the funding for pupils with complex needs, with this rising to £10.5 billion for the next year.

In response to the good work that schools around the country are doing to increase standards, pupil premium funding rates are to increase to £1,480 and £1.050 for primary and secondary school pupils respectively. This is a 10% increase since 2021-22 and will ensure that schools in more disadvantaged areas are able to raise standards of education for the pupils that need it the most.

PSE Static Quote Education funding

Gillian Keegan, Education Secretary, said:

“Our schools and our teachers are better than ever – and it’s so important that as standards continue to rise, so does our support for schools.

“That’s why boosting school funding was the first thing I did as Education Secretary, and why I will continue to make sure our brilliant schools and teachers have the tools they need to make sure every child receives a world-class education.

“I know costs for schools continue to be high, but ensuring schools are funded at their highest level in history in real terms will give parents and schools the confidence that education continues to be the top [priority] for this government.”

 

Image credit: iStock

Magazine

PSE August / September 2024

Change: A New Era

Dive into our latest edition August / September 2024! Dan Benn - Lead Journalist, Public Sector Executive 

More articles...

View all
Online Conference

Presenting

2024 Online Conferences

In partnership with our community of public sector leaders responsible for procurement and strategy across local authorities and the wider public sector, we’ve devised a collaborative calendar of conferences and events for leaders of industry to listen, learn and collaborate through engaging and immersive conversation.

All our conferences are CPD accredited, which means you can gain points to advance your career by attending our online conferences. Also, the contents are available on demand so you can re-watch at your convenience.

Public Sector Executive Podcast

Listen to industry leaders on everything within the public sector

From government policies and public administration to education, healthcare, and infrastructure, we explore the challenges and innovations shaping our communities.

 

Join us as we speak with industry leaders, policymakers, and frontline professionals, providing you with valuable insights and perspectives to stay informed and engaged with the issues that matter most.