I was delighted to visit the excellent St Mary Abbots at the beginning of their autumn term.
More money than ever before is being invested in schools, ensuring every child gets a world class education. In 2024-25, the total core schools budget will be at its highest ever level, in both real terms and in real terms per pupil. This budget will total over £59.6 billion in 2024-25, an over £1.8 billion increase from this year – on top of the more than £3.9 billion rise in 2023-24.
Mainstream schools in England will receive an average of around £6,000 for each pupil from next year through the National Funding Formula, with additional funding for teacher pay on top of that. Overall, funding will be at its highest ever level in real terms per pupil in 2024-25, as measured by the independent Institute for Fiscal Studies, underlining the Government’s commitment to education.
This money can be spent on staff salaries, school trips and classroom equipment which will help raise school standards and education outcomes. These increases form part of the additional £9.8 billion being invested in the schools core budget by 2024-25, compared to 2021-22.
I wish all Kensington pupils and staff the very best ahead of the next academic year, and look forward to visiting more schools in the coming months.