March 2024
Dear Constituent,
Thank you for contacting me in regard to school cuts.
I am a staunch advocate for ensuring fair funding for our schools. I certainly agree that education is of paramount importance, and I have welcomed the announcements made by the Government over the last few years to increase school funding.
In autumn 2022, we announced that in 2023-24, schools will get an extra £2 billion of revenue funding and the same again in 2024-25.
And in July 2023, we announced further funding for the next two academic years to support that year's teachers' pay award - with over £480 million going into schools this academic year, and over £825 million for the next.
This is on top of the £1.5 billion increase schools were already set to receive in 2023-24, bringing the overall funding increase this year to £3.9 billion, compared to 2022-23.
It means that total school revenue funding in England is £57.7 billion for 2023-24, rising to £59.6 billion for 2024-25.
As a result, in 2024-25 schools will receive the highest ever in real terms per pupil, as measured by the GDP deflator measure of inflation – the routine measure of public spending.
I like many of my colleges fundamentally believe in supporting children’s education and I will be continuing to lobby and speak with my Parliamentary colleagues to fight for further funding for our schools.
Thank you again for taking the time to contact me about this key issue.
With best wishes,
Kind regards,
Jonathan Lord MP
Member of Parliament for Woking