Education Secretary announces an additional £1.3 billion for schools

Justine Greening statement to Parliament on school funding.

Given this additional £1.3 billion investment, we are able to increase the percentage allocated to pupil led factors, something I know honourable members were keen to happen. This formula settlement to 2019-20 will provide at least £4,800 per pupil for every secondary school, which I know Members in a number of areas will particularly welcome.

School funding is at a record high because of the choices we have made to protect and increase school funding even as we faced difficult decisions elsewhere to restore our country’s finances, but we recognise that at the election people were concerned about the overall level of funding for schools as well as its distribution.

As the Prime Minister has said, we are determined to listen. "That is why I am today confirming our plans to get on with introducing a national funding formula in 2018-19. I can announce that will now be supported by significant extra investment into the core schools budget over the next two years".

See the full statement in the attached document.

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