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Government pumps more money into school rebuilding

The Government has released new funding that will see 239 schools and sixth forms will benefit from renovation projects.

The new projects build on the 161 that have previously been announced, with construction works now nearing completion on the most advanced sites. It means in total 400 out of 500 schools and sixth forms have now been selected for rebuilds through the ten-year School Rebuilding Programme.

The new buildings will be more energy efficient for future winter resilience and net-zero in operation, with old facilities replaced by modern education environments including new classrooms, sports halls and dining rooms.

In addition to the School Rebuilding Programme, the Government is continuing to invest in the school estate with annual capital funding. Over £13 billion has been allocated since 2015 to maintain and improve school facilities across England, including £1.8 billion in financial year 2022-23.

The Government has also set out school funding allocations for local authorities for next year, following the extra £2 billion funding boost for schools for next year and the year after announced at the Autumn Statement. School funding will be at its highest ever level in real terms per pupil, totalling £58.8 billion by 2024-25.

Gillian Keegan, Secretary of State for Education, said: “Today’s announcement will transform hundreds of schools across the country and ensure they are fit for the future.”

The funding allocations announced today mean:

Funding for children and young people with complex special educational needs and disabilities will increase by almost £1 billion - a 10.6% increase compared to this year.

Special schools and alternative provision receive an average 3.4%per place increase in their funding in 2023-24, as a result of the additional funding from the Autumn Statement. Funding for mainstream schools will increase by over £2.5 billion in 2023-24, compared to this year.

Local authorities will receive average funding increases of 3.4% for the 3- and 4-year-old free childcare entitlements and four per cent for the 2-year-old entitlement, as the Early Years National Funding Formulae are updated.

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