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

Investment Manager

Tyne and Wear Pension Fund
Salary
Tyne and Wear Pension Fund
Recuriter: Tyne and Wear Pension Fund

DHACT Monitoring and Response Officer

Royal Borough of Greenwich
SO2 - £40,182 to £42,060
We are looking for proactive and technically skilled Digital Health & Care Technology Monitoring and Response Officers to join our growing team. Greenwich, London (Greater)
Recuriter: Royal Borough of Greenwich

GDA Apprentice Legal Team Administrator

Royal Borough of Greenwich
Scale 1 - £28,221
Greenwich Legal Services is committed to being a high performing in-house legal service Greenwich, London (Greater)
Recuriter: Royal Borough of Greenwich

Care & Support Worker

Wakefield Council
£18,150.10 to £18,438.14, Grade 4, 26.25 hours, Permanent
Join Our Reablement Team as a Care and Support Worker Wakefield, West Yorkshire
Recuriter: Wakefield Council

Peripatetic Support Assistant

Wakefield Council
£16,940.09 - £17,208.93, Grade 4, 24.5 hours, Permanent
Do you want to help others live independently with dignity, choice, and respect? Wakefield, West Yorkshire
Recuriter: Wakefield Council
Linkedin Banner