The Chancellor of the Exchequer has today (29 October) set out the budget 2018, including these announcements on education:
- A one-off in-year bonus of £400m capital payment to help schools to "buy the little extras that they need" - this equates to around £10,000 per primary school and £50,000 per secondary school
- £1.7m for education programmes in schools to mark 75th anniversary of the liberation of the Bergen-Belsen concentration camp
Responding to the budget, Emma Knights, chief executive of the National Governance Association said:
“While NGA welcomes any additional funding for schools, the £400 million announced today is a drop in the ocean compared to the investment that our children and young people deserve. The Chancellor says this money will help schools to “buy the little extras they need” but many governing boards have already had to make cuts in order to balance their budget, not to the extras but to core provision, with reductions in the number of teachers, support staff and curriculum opportunities.
Governors and trustees want to make a difference for children and young people but instead are faced with funding constraints that are having an adverse impact on the quality of education they can offer. The government must use next year’s spending review to invest in the future of children and young people.”
NGA will continue to campaign for increased investment in schools, including high needs funding for pupils with special educational needs, funding for early years and post-16 education. To find out more about our Funding the Future campaign, click here.