Every school and college in England will have more money to support young people’s recovery from the impact of the pandemic, as the government confirms billions of pounds of additional investment in education.
This will give schools and colleges the tools they need to help get pupils back on track – from raising teachers’ salaries, to recovery cash for schools, to increased learning time in colleges.
Schools will receive an additional £4.7 billion in core funding in 2024-25, including £1.6 billion in 2022-23 on top of already planned increases from the 2019 Spending Review, and meaning a total cash increase of £1,500 per pupil between 2019-20 and 2024-25.
This additional investment will also support the delivery of a £30,000 starting salary for all new teachers.
The funding sits alongside a further £1.8 billion dedicated to supporting young people to catch up on missed learning, following on from the existing investment in catch up for early years, schools and colleges, including for tutoring and teacher training opportunities.
The dedicated recovery investment includes a one-off £1 billion recovery premium to support disadvantaged pupils in all state-funded primary and secondary schools, while £800 million will be allocated across the period to ensure all 16-19 students will benefit from an additional 40 hours of education across the academic year - the equivalent of one additional hour a week in school or college.
The funding takes the government’s direct investment in education recovery to almost £5 billion, building on the high-quality tutoring for millions of pupils and world-class training for thousands of teachers and early years staff, already being provided.