Schools: Finance

Department for Education written question – answered on 20th October 2014.

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Photo of Laurence Robertson Laurence Robertson Chair, Northern Ireland Affairs Committee, Chair, Northern Ireland Affairs Committee

To ask the Secretary of State for Education, what recent progress she has made towards the introduction of a national funding formula for schools; and if she will make a statement.

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

On 17 July, I announced that the Department for Education will allocate £390 million to the 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 the Department can give greater certainty to schools about how the formula will affect them.

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