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DfE to raid existing budgets for £1.3bn additional schools cash

2 mins read Early Years Education Social Care
Schools in England will be given an additional £1.3bn over the next two years, with the money coming from existing Department for Education budgets, Education Secretary Justine Greening has said.

In response to ongoing concerns over funding shortages, Greening said the additional money will be provided in 2018/19 and 2019/20, but did not spell out where all of the cash will come from, prompting calls for clarification from the children and young people sector.

In a statement to parliament, Greening said the DfE will aim to make £420m in efficiencies and savings across its main capital budget.

The majority of this will be from healthy pupils capital funding, created to distribute money recouped from the government's "sugar tax" for new sports facilities from 2018, which has been earmarked for £315m of savings.

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