Sajid Javid spending round: money for education

The Chancellor Sajid Javid has delivered his Spending Round to Parliament, including details on how the government's pledge to increase school spending by £7.1 billion by 2022-23 will be delivered.

Javid has said that next year, the government will ensure that day-to-day funding for every school can rise at least in line with inflation and rising pupil numbers.

Every secondary school will be allocated a minimum of £5,000 for every pupil next year and every primary school will be allocated at least £3750, per pupil, on track to reach £4,000 per pupil the following year.

In addition, teacher’s starting salaries will be able to rise to £30,000 by 2022-23, and £1.5 billion per year will go towards teachers’ pensions.

£700 million will support children and young people with special educational needs next year – an 11% increase compared to last year.

Further education will get a £400 million increase in 16-19 education funding next year.

Sajid Javid said: "Nearly every other department I am announcing today will be funded for just one year. But we recognise the importance of schools being able to plan. So we are announcing today a full three year resource settlement for schools. Levelling up education funding. Improving standards. And giving every young person the same opportunities in life – wherever they live in the country."

 

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