Annal Nayyar – Blogs – headlines from todays chancellor Speech-Education


The chancellor has protected the funding of schools in real times, promising to allocate funds more fairly.

George Osborne said the budget for education will increase to £53bn, with the schools capital budget to be set at £4.6bn in 2015-16. He has also said reforms to funding will ensure equal distribution of funding across the country.

In the Spending Review, Mr Osborne also announced the free school programme would be accelerated, with an additional 180 new free schools being agreed in 2015/16.

Further – the Chancellor vowed to direct more money and powers form local authorities to schools, and to increase the free schools programme, as well as an increase in the pupil premium.

The chancellor has confirmed public sector pay rises will be capped at 1% in 2015-16, with an end to automatic pay progressions.

In the 2013 Spending Round, George Osborne said automatic pay progression was ‘antiquated’ and ‘deeply unfair’ to other areas of the public sector and the private sector.

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