Context
Inflationary pressures are affecting schools, causing concerns about budget constraints. The questioner inquires about the government's assessment regarding these impacts.
Question
What recent assessment has her Department made of the impact of inflation on (a) school budgets and (b) the costs to parents associated with the school day?
Answer from Gillian Keegan
Schools are facing global inflationary pressures. The Prime Minister has pledged to halve inflation, and school funding will increase by £2 billion next year as well as the year after that. This will be the highest real-terms spending on schools in history, totalling £58.8 billion by 2024-25. In 1997, school funding stood at £35 billion, so we will deliver a 68% increase in cash terms. The Government have also announced further support for parents worth £26 billion next year.
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