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

Residential Assistant - ASC

Essex County Council
£25081.0000 - £25395.0000 per annum
Residential Assistant - ASCPermanent, Part Time£25,081 up to £25,395 per annum Location
Recuriter: Essex County Council

Consultant Social Worker - Frontline

Durham County Council
Grade 13 - £47,181 - £51,356
Are you an experienced children and families social worker keen to help develop the next generation of social workers in Durham?   Are you passionate Durham
Recuriter: Durham County Council

Social Worker

Durham County Council
Grade 11 - £40,777 - £45,091
Applications are invited for a Social Worker within the Easington Locality Team. WHAT IS INVOLVED? Are you a compassionate and dedicated Social Work Durham
Recuriter: Durham County Council

Lunchtime Supervisor

Durham County Council
£24,796 pro rata
Lunchtime Supervisor Grade 1, £24,796 pro rata Permanent, term time only, 10 hours per week 11.40 – 1.40 Monday to Friday Required from 11/05/2026   P Durham
Recuriter: Durham County Council

Specialist Autism Pathway Lead

Durham County Council
£42,057 - £51,048 plus TLR2B £5,869 and SEN1 £2,787
Specialist Autism Pathway Lead M5- UPR3 TLR2b with 1 SEN point- £42,057 - £51,048 plus TLR2B £5,869 and SEN1 £2,787 Permanent- Monday 8.45 – 4.30pm Tu Durham
Recuriter: Durham County Council
Linkedin Banner