Cash ‘just recycled from other budget areas’
THE new national funding formula introduced in April was supposed iron out discrepancies between regions.
Justine Greening, then Education Secretary, said schools would get an increase of 0.5% per pupil from this school year and a 1% increase from 201920. She said cash would go directly to schools rather than local authorities and minimum funding levels of £4,800 per pupil at secondaries would boost schools that are currently underfunded.
But heads said money was just being recycled from other parts of the education budget. Shadow Education Secretary Angela Rayner said: “For many pupils and schools, funding will fall in real terms between now and 2020.
“There is no new money for education and this funding for schools is coming from other cuts to education budgets.”