Schools: Finance

Education written question – answered on 27th March 2014.

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Photo of Gavin Williamson Gavin Williamson Conservative, South Staffordshire

To ask the Secretary of State for Education when he plans to introduce his new national school funding formula.

Photo of David Laws David Laws The Minister of State, Cabinet Office, The Minister for Schools

On 13 March, I announced proposals to allocate £350 million to our least fairly funded local areas in 2015-16. This is the biggest step towards fairer schools funding in a decade. It puts us in a much better position to implement a national funding formula when the time is right—after the next spending review, when there are multi-year public spending plans, and we can give greater certainty to schools about how the formula will affect them.

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