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Extra £1.3bn for schools no long-term solution to funding crisis, say teachers

Teaching unions have dismissed the £1.3 billion earmarked for schools by the education secretary as ‘smoke and mirrors’ and insufficient to make up losses.

In a statement to parliament yesterday Justine Greening said that there would be extra funding for schools over two years from 2018-19 to 2019-20, which would mean more money for every school.

However, the money has been found from efficiencies and savings from within the Department for Education’s existing budgets.

The majority of the funding has been found from the healthy pupils capital funding - £315m. The DfE said this reflected reductions in the revenue forecast from the soft drinks industry levy – the sugar tax – as producers were reformulating sugar from these drinks.

Money has also been released from the free schools programme - £280m up to 2019-20.

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