Posted on Friday 6th Sep 2019
Schools in England will receive £2.6bn extra next year under Chancellor Sajid Javid's spending plans.
This will be the first step towards reversing budget cuts and returning school funding to pre-austerity levels.
The announcement follows last week's unveiling of a three-year plan to boost school funding by £7.1bn by 2022-23.
School leaders have raised concerns about relying on a funding plan that will take three years at a time of such political and economic volatility.
The chancellor told the House of Commons putting more money into schools was investing in "lifelines of opportunity".
This announcement, relating to spending for 2020-21, confirms the first slice of Prime Minister Boris Johnson's pledge to significantly increase school spending.
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