In November, chancellor Jeremy Hunt delivered his first fiscal statement. It was, of course, the second fiscal statement of the autumn term. The first – the disastrous “mini-budget” which largely ignored education – was in September. The November statement lasted about 60 minutes and the accompanying document is 70 pages long (HM Treasury, 2022). Here are the things you need to know about it.
First a health warning: The following is based on the information available at the time of writing…
The November Autumn Statement confirmed that an additional £2bn will be allocated to the core school budgets in each of the next two funding years, starting April 2023.
Register now, read forever
Thank you for visiting Headteacher Update and reading some of our content for professionals in primary education. Register now for free to get unlimited access to all content.
Unlimited access to news, best practice articles and podcasts
New content and e-bulletins delivered straight to your inbox every Monday
Already have an account? Sign in here