Free schools lose out as Greening raids the budget

Free schools lose out as Greening raids the budget

Free schools lose out as Greening raids the budget

The education secretary introduced the extra funding under a revised National Funding Formula as she appeared before MPs on Monday.

The announcement received a cautious initial welcome from members of the Worth Less? school funding campaign, who said they were "beginning to digest" Ms Greening's words.

The Education Secretary said £1.3 billion will be provided over 2018/19 and 2019/20 in a bid to ensure funding per pupil is "maintained in real terms".

But she was forced to raid the free schools budget and make huge department savings after being denied extra cash from Treasury coffers.

Justine Greening pledged to create a "world class education system" as she announced £1.3 billion in funding is to be pumped into schools over the next two years.

Although Hammond has had a hard few days after being the subject of several briefings from his colleagues, it's clear he still retains authority when it comes to the government purse strings.

She added that this investment would increase the basic amount of funding for every pupil, with up to 3% gain per year per pupil for underfunded schools and a 0.5% increase per pupil for every school.

In December, the government launched a second consultation into the proposed new National Funding Formula.

[The NFF is] the largest cut in school spending per pupil over a four-year period since at least the early 1980s.

The Cabinet minister also said that as a result of the investment, core funding for schools and high needs would rise from nearly £41 billion in 2017/18 to £42.4 billion in 2018/19 and £43.5 billion in 2019/20.

"I can announce that this will additionally now be supported by significant extra investment into the core schools budget over the next two years".

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There will... be an additional £1.3 billion for schools and high needs across 2018-19 and 2019-20, in addition to the schools budget set at Spending Review 2015.

"What's clear is that the Tories are trying to alleviate pressure on them - but I know that parents and teachers won't give up this cause until schools have the funding they need to deliver world-class education to every child in this country".

Critics have also pointed out that inflation and other factors mean that schools still face real-terms cuts to their budgets going forward, while members of Greening's own party have voiced fears about the future.

Ms Greening said the rest of the money would come from reprioritising spending and moving money to the core schools programme.

"She said the full funding formula has been delayed again, with local authorities playing a role in setting budgets until 2020", Ms Rayner said.

Schools will also be expected to sign up to so-called national deals on things like energy to save money, Ms Greening said.

But Labour's Angela Rayner said there "wasn't a penny of new money".

Chris Keates leader of the NASUWT teachers' union called Ms Greening's statement "a recycled announcement of recycled money".

"Instead, it should seek to implement a baseline of funding that will allow each school to be sustainable in the long-term".

Labour welcomed the news that extra money would go towards frontline school funding but branded it a "sticking plaster unless further action is taken urgently".

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