In an interview with the Sunday Times at the weekend, Children's Secretary Ed Balls said the savings amounted to around five per cent of school spending and could be achieved largely through schools forming federations and sharing head teachers.
Under the plans, one head teacher could take charge of a federation of around six schools. Around 3,000 jobs could also be lost, with deputy heads the main role at risk.
National Union of Teachers general secretary Christine Blower described the proposals as "worrying" and criticised the suggestion that head teachers and other senior teaching staff are dispensable "bureaucrats."
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