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

Director of Social Work and Social Care

Trafford Council
£100,731 to £104,625
You will join a values-driven senior leadership team, providing visible and responsive leadership. Manchester
Recuriter: Trafford Council

Housing Ombudsman

Housing Ombudsman Service
£130,095 per annum, negotiable based on experience.
The Housing Ombudsman Service allows colleagues to choose if they wish to work in the London office, from home or a hybrid of the two London (Greater)
Recuriter: Housing Ombudsman Service

Housing Repairs Technician - Heating Engineer

Ashfield District Council
£32,061 - £34,434 Per annum
We are looking for a qualified Heating Engineer to undertake repairs and maintenance work Sutton-In-Ashfield, Nottinghamshire
Recuriter: Ashfield District Council

Health and Safety Trainer (CDC)

City Of Doncaster Council
Grade 8 £33,708 - £37,399
This is a great opportunity to join the City of Doncaster’s Health, Safety and Training team. Doncaster, South Yorkshire
Recuriter: City Of Doncaster Council

Social Media and Web Assistant (CDC)

City Of Doncaster Council
Grade 6, £25,981- £26,815
We’re looking for a creative and enthusiastic digital communicator to join our team. Doncaster, South Yorkshire
Recuriter: City Of Doncaster Council
Linkedin Banner