Schools: Finance

(asked on 23rd November 2017) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, whether the new funding formula for 2018-19 will reflect the effect on schools of staff pay increases.


Answered by
Nick Gibb Portrait
Nick Gibb
This question was answered on 1st December 2017

In July 2017 we announced an additional £1.3billion for schools and high needs across 2018-19 and 2019-20, in addition to the schools budget set at Spending Review 2015. This means funding per pupil for schools and high needs will be maintained in real terms for the next two years. Following our announcement in September 2017, under the national funding formula, school funding will be distributed based on the individual needs and characteristics of every school in the country.

We will publish evidence on the affordability and value for money of increases to teachers’ pay as part of the Department’s input to the School Teachers’ Review Body consideration on teachers’ pay for 2018/19.

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