Tories refuse to reverse school budget cuts as new funding formula is announced
The Government has been accused of “papering over the cracks” after it announced a new funding formula for schools that will see budgets fall in real terms and which “does nothing” to reverse cuts that have already been made.
Justine Greening, the Education Secretary, said schools will be given a funding rise of 0.5 per cent per pupil next year and a 1 per cent increase in 2019-20. The most under-funded schools will see their budgets rise by 3 per cent.
Ms Greening announced in July that an additional £1.3bn will be invested in primary and secondary education.