Robert Largan MP has welcomed the announcement of £2,291,718 of extra funding from the Government for schools in High Peak. This comes as part of as part of £2 billion this year and next for primary schools and secondary schools across England.
Every state school in England will receive extra cash. A typical primary school will receive an extra £35,000 and a typical secondary will receive £200,000.
In total the schools budget will be £58.8 billion in 2024–2025, with the Government putting more funding into schools than ever before and school funding is set to rise faster than forecast inflation in both 2023–24 and 2024–25.
Schools received their first payment by 10 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 remainder of the £2 billion will be used to increase Pupil Premium funding rates, which are rising by 5% in 2023–24.
The Education Secretary’s 4.5 per cent pay offer for teachers next year, alongside a £1,000 one off payment, is fully funded when combined with the additional £620 million of funding provided as part of that offer.
The Conservative Government is investing record amounts to deliver a world-class education, giving pupils the education they need to succeed as it delivers on its five priorities: halve inflation, grow the economy, reduce debt, cut the waiting lists and stop the boats.
Robert Largan, MP for High Peak, commented:
“I am absolutely determined that children across the High Peak and around the
country should receive a high quality education, including encouraging investment in our schools to support young people to reach their full potential.”
“That is why I welcome the over £2 million in extra funding for schools in the High Peak, as part of £2 billion in extra school funding this year and next across England, delivering the highest real terms spending on schools in history.
“This Government is committed to providing a world-class education and deliver opportunity for all – wherever they come from and whatever their background.”
