Schools to stay 1bn in the red, says NUT

James Tweed
Wednesday, September 24, 2003

Primary and secondary schools in England are facing a budget shortfall of at least 1bn over the next three years, the National Union of Teachers warned last week. The warning followed the publication of a school budgets study by PriceWaterhouseCoopers for the NUT that found a combination of increases in teachers' pay and in national insurance and pensions contributions, the cost of support staff and the implementation of the teacher workload agreement could push England's schools 1bn in the red. This is despite the Government's pledge of an additional 800m in funding - 400m a year over the next two years.