Education and Skills Funding Agency Debate
Full Debate: Read Full DebateDepartment: Department for International Development
Bridget Phillipson
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Education and Skills Funding Agency
Bridget Phillipson Excerpts(2 days, 5 hours ago)
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The Secretary of State for Education (Bridget Phillipson)
Today I am announcing the closure of the Education and Skills Funding Agency on 31 March 2025. The functions of the ESFA will be integrated into the core Department for Education. The ESFA is currently an executive agency of the Department.
This will happen in two stages. Schools’ financial support and oversight functions will transfer from 1 October 2024 and be brought together with the regions group, part of the Department. This will provide a single seamless voice to schools and ensure that financial improvement is central to school improvement.
We will then centralise our funding and assurance functions into the Department for Education alongside the closure on 31 March 2025, putting certainty, support and assurance in the core of the Department.
Moving the agency functions back into the Department will bring benefits to the individuals and organisations we support as well as to the taxpayer. It will enable a single, joined-up approach to funding and regulation to improve accountability.
We will be working closely with our staff, unions, and stakeholders across the education sector to finalise and deliver our plans for closing the agency.
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