Today the Education Secretary, Justine Greening MP, made a statement on education funding to the House of Commons.
In response, Cllr Peter John OBE, Deputy Chair of London Councils and Executive member with responsibility for schools, said:
“We welcome that Government has finally recognised the scale of the funding challenges facing schools across the country.
“However, even this brief statement suggests that the majority of London schools will not do as well from this settlement as schools in other parts of the country.
“We must urge caution until we see the detail of Government’s funding plans in September as there are questions that still need to be answered, such as how Government will help manage growing demand for school places despite the proposed savings in capital funding for schools.
“Headteachers and parents across the capital now face a summer of uncertainty over how their children’s education will be affected by today’s funding announcements.”
Notes to Editors:
The Secretary of State announced that the additional funding will “for the next two years, provide for up to 3% gains a year per pupil for underfunded schools, and a 0.5% a year per pupil cash increase for every school”. Given that London had the lowest proportion of schools classed as underfunded in the draft version of the national funding formula, London would be likely to receive a disproportionately low share of additional funding. The final impact will not be confirmed until September.