Inflation

Education – in the House of Commons at on 16 January 2023.

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Photo of Tan Dhesi Tan Dhesi Shadow Minister (Transport)

What recent assessment her Department has made of the impact of inflation on (a) school budgets and (b) the costs to parents associated with the school day.

Photo of Gillian Keegan Gillian Keegan The Secretary of State for Education

Schools, like families and businesses across the world, are facing global inflationary pressures. The Prime Minister has pledged to halve inflation, and school funding will increase by £2 billion next year as well as the year after that. This will be the highest real-terms spending on schools in history, totalling £58.8 billion by 2024-25. In 2010, school funding stood at £35 billion, so we will be delivering a 68% increase in cash terms. The Government have also announced further support for parents worth £26 billion next year.

Photo of Tan Dhesi Tan Dhesi Shadow Minister (Transport)

In addition to having grave concerns about recruiting and retaining teachers, schools in Slough and across our country continue to struggle with their budgets, with a quarter of primary school senior leaders reporting that they have had to cut outings and trips due to budgetary constraints. How will the Government ensure that children do not miss out on these vital opportunities?

Photo of Gillian Keegan Gillian Keegan The Secretary of State for Education

The autumn statement announced significant additional investment in core schools funding. The core schools budget will increase by £2 billion in 2023-24 and 2024-25. That will be paid into schools’ bank accounts in April, and I am sure they will welcome that additional funding.[This section has been corrected on 25 January 2023, column 10MC — read correction]

Prime Minister

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