September 1, 2019

We’re giving a £14 billion cash boost to schools across the UK

This cash boost means that every secondary school will receive a minimum of £5,000 per pupil next year. And every primary school will get a minimum of £4,000 per pupil from 2021-22.

The investment will help to give all young people the same opportunities to succeed – regardless of where they grow up or go to school. And it will bring the schools budget to £52.2bn in 2023.

Read on below to find out more about how our extra school funding will affect you.

School Funding will rise by £14 billion

Our school funding boost will add £14 billion to schools’ budgets, so we can give more opportunities and support to pupils across the country. This government will work to give every child the best possible start in life.

The investment is going into both primary and secondary schools. And we are following the National Funding Formula, which means that more money will go to schools and areas that have been historically underfunded.

The Prime Minister has also pledged to meet the £4.5 billion requirement for teachers’ pensions from outside of the education budget. So every penny of the extra £14 billion will go straight to schools – delivering the best educational outcomes for our children.

Additional school funding for children with special educational needs

Part of our school funding will also go towards children with special educational needs and disabilities (SEND). We will also provide £700 million extra for children with SEND, so that every pupil can access the education that is right for them. And nobody is held back from achieving their potential.

The extra funding will be delivered by 2020/2021.

Our schools policy has seen more children get a better education

Since 2010, there has been a dramatic improvement in children’s reading ability. England has risen to joint eighth place in the 2016 Progress in International Reading Literacy Study. This is up from joint tenth in 2011 and the historic low of 19th under Labour.

Education Secretary Gavin Williamson said: ‘We owe it to the next generation to ensure our education system is world class, and that nothing stands in the way of our young people having the best choices in life, whatever course they take.

‘This £14 billion funding increase – the largest cash boost in a generation – means our schools can continue to raise standards and build an education system that boosts productivity, improves social mobility and equips children with the skills and knowledge they need to succeed in the bright future that lies ahead.’

Because of the hard work of the British people to put our finances in order, we can now provide more school funding. Only the Conservatives will keep our economy strong to fund our schools.

Labour education policy risks the better education our children deserve

Under Labour, we plummeted down the international league tables for school performance. Between 2000 and 2009, England fell from seventh to 25th in reading, eighth to 28th in maths, and fourth to 16th in science in the PISA league tables.

If Jeremy Corbyn got into Downing Street, this would happen all over again – taking us back to square one. We can’t let that happen. Sign up for updates on our progress below.

Region Labour's Pension Tax (£) Extra Months to Work
England 11,167 44
East Midlands 6,150 50
Greater London 12,871 45
North East 9,758 38
North West 6,835 47
South East 14,270 40
South West 7,407 45
West Midlands 10,729 41
Northern Ireland 13,718 35
Scotland 10,653 41
Wales 11,691 36
United Kingdom 11,253 43

Commenting, Therese Coffey, Secretary of State for the Department of Work and Pensions, said:

“Corbyn’s Pension Tax will see ten million savers facing a huge bill forcing them to delay their retirement for almost three and a half years.
“This is just one of the ways a Corbyn government would hammer hardworking people on top of his plans to hike up taxes by £2,400 a year, as well as the cost of his plan for unlimited immigration and the chaos of 2020 being dominated by two more referendums – one on Brexit and another on Scottish independence.
“Only Boris Johnson and the Conservative Party can get Brexit done with a deal, get parliament working again and turbocharge our economy to unleash Britain’s potential.”

Read more about how this Pension Tax will impact millions of savers (PDF)