News

Funding latest: Primaries face £74,000 real-terms cut

New research is forecasting a real-terms funding reduction for all schools by 2019/20, with half facing budget cuts of between six and 11 per cent.

Primary schools face an average real-terms funding cut of £74,000 by 2019/20 – the equivalent of two teachers.

Furthermore, new evidence released this week shows that even with the introduction of a new National Funding Formula (NFF), every school in England is set to see real-terms cuts in funding by 2019/20.

The study by the think-tank Education Policy Institute (EPI) warns that half of primary and secondary schools face “large” real-terms cuts of between six and 11 per cent. This includes 880 schools that face losses of more than 10 per cent.

The report warns: “These estimated funding pressures amount to an average real-terms loss of £74,000 per primary school and £291,000 per secondary school. This equates to almost two teachers in an average primary school and six teachers in an average secondary school.”

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