Nusrat Ghani, MP for Wealden, has welcomed the announcement of £2,147,653 extra Government funding for Wealden schools.
Every state school in England will receive extra cash following the additional £2 billion investment. A typical primary school will receive approximately an extra £35,000, while a typical secondary school will receive approximately £200,000.
Schools will receive their first payment by 10th May 2023 and will be able to choose how best to invest the extra funding, including to pay for teacher salary uplifts and teaching assistants.
The Institute for Fiscal Studies has highlighted this uplift will mean 2024–25 will be the highest spending year in history for schools. In total, the schools’ budget will be £58.8 billion in 2024-25, meaning that the Government is putting more into schools than ever before. It also means school funding is set to rise faster than forecast inflation in both 2023–24 and 2024–25.
The remainder of the £2 billion funding boost will be used to increase Pupil Premium funding rates, which are rising by five per cent in 2023–24. This extra funding will support disadvantaged pupils, local authorities’ high needs budgets, and special schools, making sure every child with special educational needs and disabilities receives the support and high-quality education they deserve.
Nusrat Ghani said: “I regularly visit Wealden schools and I am hugely grateful to all our fantastic teachers, school leaders and support staff for their tireless work and dedication to ensure that Wealden pupils can learn in the best possible environment. I am pleased that Wealden schools will benefit from over £2 million additional funding as part of the Government’s £2 billion in extra school funding across England this year and next. This additional support will ensure that teachers will have the resources they need to not only continue to provide world-class education for our pupils, but also enable them reach their full potential, particularly those who face challenges or who need extra support.”
