Ben Bradley MP for has welcomed extra funding from the Government for schools in Mansfield and Warsop. Under figures released today, local schools in Mansfield will receive £3,099,586 extra funding, as part of £2 billion this year and next for primary and secondary schools in England.
Every state school in England will receive extra cash following the additional £2 billion investment. A typical primary school will receive approximately an extra £35,000, and £200,000 for a typical secondary school.
The Institute for Fiscal Studies has highlighted this uplift will mean 2024–25 will be the highest spending year in history for schools. In total the schools budget will be £58.8 billion in 2024-25–meaning the Conservative Government is putting more into school than ever before. It also means school funding is set to rise faster than forecast inflation in both 2023–24 and 2024–25.
Schools will receive their first payment by 10 May 2023 and will be able to choose how best to invest the extra funding, including to pay for teacher salary uplifts and teaching assistants.
The remainder of the £2 billion funding boost will be used to increase Pupil Premium funding rates, which are rising by five percent in 2023–24. This extra funding will support disadvantaged pupils, local authorities’ high needs budgets, and special schools, making sure every child with special educational needs and disabilities receives the support and high quality education they deserve.
Commenting, Ben Bradley stated:
‘Since I was first elected in 2017, education has been one of my key priorities and one I have raised numerous times in Parliament as well as previously sitting on the Education Select Committee.’
‘That is why I welcome £3,099,586 in extra funding for schools in Mansfield from the Government, as part of £2 billion in extra school funding this year and next across England, delivering the highest real terms spending on schools in history.’
‘It is vital that we deliver on our commitment to provide a world-class education and deliver opportunity for all–wherever they come from and whatever their background. I know this investment will help greatly in delivering on this ambition.’