"In a tight funding settlement, some reduction in central government support was inevitable," Gove said. "In 2011/12, the amount to be allocated through EIG is 10.9 per cent lower than the aggregated 2010/11 funding through the predecessor grants.
"The new grant will however provide a substantial funding stream, with new flexibility to enable local authorities to act more strategically and target investment early, where it will have the greatest impact."
Gove claimed that greater freedoms at local level to "pool and align" funding, will help local authorities and their partners achieve better results.
"The EIG is not ringfenced, giving local authorities the flexibility to respond to local needs and drive reform, while supporting a focus on early intervention across the age range," he said.
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