William Eichler 11 April 2024

Schools face losing over £1bn, think tank warns

Schools face losing over £1bn, think tank warns image
Image: Monkey Business Images / Shutterstock.com.

A decline in the number of school-age children could lead to schools losing over £1bn in funding by 2030, education experts warn.

Pupil numbers in state-funded primary and secondary schools are projected to fall from over 7.5 million in 2022-23 to just over 7.1 million in 2028-29, according to a new report from the Education Policy Institute (EPI).

The decrease in the number of pupils could mean a reduction in school funding from £42.7bn in 2024-25 to £41.6bn by 2029-30, which would force schools to consider mergers, cost-cutting measures and closures to remain viable.

A Department for Education spokesperson said: ‘These figures are speculative, funding levels beyond 2024-25 have not yet been confirmed and are subject to future spending reviews. We are increasing school funding to £60.7bn next year.’

SIGN UP
For your free daily news bulletin
Highways jobs

Assistant Director for Estate Strategy and Development  

Derbyshire County Council
£71,202 - £77,495 per annum
We are seeking an ambitious and strategic leader to join our senior management team as Assistant Director for Estate Strategy & Development. Matlock, Derbyshire
Recuriter: Derbyshire County Council

Information Governance Officer

Essex County Council
£29432.0000 - £34519.0000 per annum
Information Governance OfficerFixed Term, Full Time£29,342 to £34,519 per annumLocation
Recuriter: Essex County Council

ESCA Development Assistant

Essex County Council
£25959.0000 - £27613.0000 per annum
ESCA Development AssistantFixed Term, Full Time£25,959 to £27,613 per annumLocation
Recuriter: Essex County Council

Closed Landfill Site Operative

Essex County Council
£25959.00 - £28621.00 per annum
Closed Landfill Site OperativeFixed Term, Full Time£25,959 up to £28,621 per annum Location
Recuriter: Essex County Council

Apprentice Admin Assistant

Durham County Council
£8 per hour
Apprentice Admin Assistant Apprentice £8 per hour. Temporary contract for approx. 18 months Full Time, Term Time Only, Required to start September 202 Durham
Recuriter: Durham County Council
Linkedin Banner