- The Conservative Government is investing an extra £2 billion into schools this year and next, with every state school in England benefitting and schools in Fareham receiving £2,309,976 in extra funding.
- The extra funding will deliver the highest real terms spending per pupil in history by 2024–25. A typical primary school will receive approximately an extra £35,000 and a typical secondary school will receive an extra £200,000.
- This is delivering on the Conservative Government’s commitment to provide a world class education and deliver opportunity for all – wherever they come from and whatever their background.
Suella has welcomed extra funding from the Conservative Government, providing schools in Fareham with £2,309,976, as part of £2 billion this year and next for primary schools and secondary schools in England.
Every state school in England will receive extra cash. A typical primary school will receive an extra £35,000 and a typical secondary will receive £200,000.
In total the schools budget will be £58.8 billion in 2024–2025, with the Conservative Government putting more funding into schools than ever before and school funding is set to rise faster than forecast inflation in both 2023–24 and 2024–25.
Schools received 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 will be used to increase Pupil Premium funding rates, which are rising by five per cent in 2023–24.
The Education Secretary’s 4.5 per cent pay offer for teachers next year, alongside a £1,000 one off payment, is fully funded when combined with the additional £620 million of funding provided as part of that offer.
The Conservative Government is investing record amounts to deliver a world-class education, giving pupils the education they need to succeed as it delivers on its five priorities: halve inflation, grow the economy, reduce debt, cut the waiting lists and stop the boats.
Commenting, Suella said:
“I am committed to delivering on our community’s priorities, including encouraging investment in our schools to support young people to reach their full potential.”
“That is why I welcome £2,309,976 in extra funding for schools in Fareham from the Conservative 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.
“This Conservative Government is providing a world-class education and deliver opportunity for all – wherever they come from and whatever their background.”
Commenting, Education Secretary Gillian Keegan said:
“I am hugely grateful to all our brilliant teachers, school leaders and support staff for all their incredible work and the immeasurable impact they have on the lives of children every day.
“It’s fantastic that schools across Fareham have now received new cash, part of £2,309,976 for schools in the area, supporting them with everything from staff pay to school trips.
“With school funding set to be at its highest ever level next year, even accounting for inflation, parents everywhere can be confident schools are being supported to let teachers get on and do what they do best - teach.”
