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

Grounds Maintenance Operative - Uttlesford District Council

Essex County Council
Up to £13.6900 per hour
Grounds Maintenance OperativeTemporary Contract*£13.69 per hour PAYEImmediate Start Closing Date
Recuriter: Essex County Council

Chief Executive

West Northamptonshire Council
£188,576 - £201,902 (pay award pending)
Join us for a rare opportunity to lead one of the UK’s newest and most ambitious councils Northamptonshire
Recuriter: West Northamptonshire Council

Durham Cares Sufficiency Delivery Lead

Durham County Council
£44,075 - £48,226 Grade 12
Do you want your work to make a real difference to the lives of children and young people in our care?   This is a brilliant opportunity to join a new Spennymoor
Recuriter: Durham County Council

Durham Cares - Care Resource Specialist

Durham County Council
£38,220 - £41,771 Grade 10
Do you want your work to make a real difference to the lives of children and young people in our care?   This is a brilliant opportunity to join a new Spennymoor
Recuriter: Durham County Council

Waste Project Officer

Durham County Council
£32,597 - £36,363
The strategic waste management team have an opening for a Waste Project Officer. If you are interested in community engagement, are an excellent commu Durham
Recuriter: Durham County Council
Linkedin Banner