f40 Local Authorities: Funding

Part of Education – in the House of Commons at on 29 January 2024.

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Photo of Damian Hinds Damian Hinds Minister of State (Education)

My hon. Friend is right about the importance of deprivation factors and, indeed, transport costs. We are increasing the amount under the formula that relates to deprivation, and there is also the sparsity factor. Of course, all schools are benefiting from increases in funding, which will total £59.6 billion in 2024-25.