Features

Funding - A black hole?

The National Funding Formula for schools is changing from this month. What does this mean for early years, asks Hannah Crown

Read any of the coverage of the Government’s new national funding formula for schools and you’d be forgiven for being confused. Schools have more money ‘than ever before in the history of the country’, said Education Secretary Damian Hinds. ‘School budgets are at breaking point,’ retorted the National Association of Head Teachers (NAHT).

‘We are investing an additional £1.3bn in school and high-needs funding,’ trumpeted the Government.

‘Funding must […] be increased for pupils with special educational needs or disabilities which [has] suffered even bigger real-terms cuts since 2010,’ said trade union the National Education Union (NEU).

So what is happening? Is there more money or not, and why does it matter?

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